Foreign investors and institutional investors made a strong return to the local stock markets yesterday, resulting in significant gains across the indices. The market capitalization of Abu Dhabi stocks increased by more than AED 20 billion, reaching AED 3.080 trillion, while Dubai’s market capitalization grew by AED 13.51 billion, surpassing AED 1 trillion for the first time.

The net buying from foreign investors yesterday amounted to AED 308.66 million, with AED 229.67 million originating from Dubai and AED 78.99 million from Abu Dhabi. Additionally, financial institutions contributed a net buying total of AED 227.69 million, including AED 178 million in Dubai and AED 49.6 million in Abu Dhabi securities.

Local markets experienced relatively active trading, exceeding total trading values of AED 2.2 billion, with over 580.3 million shares exchanged in 40,258 transactions.

In the Abu Dhabi Securities Market, the general index rose by 60.92 points, or 0.61%, closing at 9,980.74 points. The trading value amounted to AED 1.165 billion, involving more than 336.42 million shares across 26,761 trades. This increase was driven by the rise of 45 companies’ shares, while 39 companies saw declines, and 36 companies’ shares remained stable.

The most actively traded stock by value was International Holding Company, with AED 123 million, followed by Aldar Properties at AED 97 million, and Adnoc Gas at AED 85.64 million. In terms of volume, Space 42 topped the list with approximately 34.62 million shares traded, followed closely by Adnoc Gas with 25.13 million shares.

Regarding foreign investment in the Abu Dhabi market, total purchases by non-UAE nationals reached AED 329.677 million compared to sales of AED 250.68 million, resulting in a net foreign investment of AED 78.99 million. Financial institutions in Abu Dhabi also reported that their buying transactions exceeded selling transactions, with purchases totaling AED 693.29 million against sales of AED 643.6 million, yielding a net buying of AED 49.69 million.

Meanwhile, the Dubai Financial Market’s general index closed with a notable rise of 79 points, or 1.39%, finishing at 5,748.2 points after 28 companies’ shares increased, while 21 companies saw declines, and 7 companies remained unchanged. The total trading value in Dubai reached AED 1.044 billion after trading 243.97 million shares through 13,497 transactions.

The market also witnessed two large direct transactions totaling AED 68.38 million. The first transaction involved 8 million shares of Gulf Navigation Holding at AED 5.65 per share, amounting to AED 45.2 million, while the second transaction included 3.75 million shares of Parkin at AED 6.17 per share, totaling AED 23.18 million.

In terms of trading activity, Emaar Properties led with AED 391.31 million in transactions, followed by Emaar Development with AED 123.74 million, and Dubai Islamic Bank with AED 60.43 million. Union Properties recorded the highest trading volume with approximately 28.43 million shares, closely followed by Emaar Properties with 28.41 million shares and Talabat with 19.58 million shares.

For foreign investment in the Dubai market, total purchases by non-UAE nationals amounted to AED 547.91 million, while total sales reached AED 318.24 million, resulting in a net foreign investment of AED 229.67 million. Financial institutions in Dubai recorded net buying transactions of AED 178 million after purchasing shares worth AED 768.46 million against sales of AED 590.41 million.