The Dubai Financial Market (DFM) reported an increase of approximately 33.15 billion dirhams in its market capitalization since the beginning of February 2024, up to the end of the second week of the month.

This growth has been attributed to heightened interest from investors in leading stocks, alongside a rise in demand from international investors.

The trend has been supported by the ongoing disclosures of annual earnings results from listed companies and their dividend plans for the year 2024.

As a result, the market capitalization of the DFM rose from 903.139 billion dirhams at the end of January to over 936.288 billion dirhams at the conclusion of yesterday's trading session.

On the same day, the general index of the DFM increased by 0.8%, equivalent to 42.76 points, closing at 5,361.96 points.

This marks its highest level since August 2008, driven primarily by gains in the banking and real estate sectors, with liquidity recorded at 680.29 million dirhams.

In contrast, the Abu Dhabi Securities Exchange (ADX) general index (FADGI) fell by 0.34%, declining to 9,625.68 points, with liquidity amounting to 978.35 million dirhams.

In the DFM, the stock of Emaar Properties led trading activity with a liquidity of approximately 166.47 million dirhams, rising by 3.69%.

Following closely was the stock of Talabat, which saw liquidity of around 123.96 million dirhams, increasing by 3.27%, reaching a price of 1.58 dirhams.

On the Abu Dhabi Securities Exchange, the stock of International Holding Company topped the trading activity with liquidity of about 143.25 million dirhams, experiencing a slight increase of 0.025%.

It was followed by Lulu Group International at 76.73 million dirhams, which remained stable at previous levels.