UAE stock markets cross Dh4 trillion milestone
A. SREENIVASA REDDY (ABU DHABI)The combined market capitalisation of stocks listed on the UAE's stock markets has recently crossed Dh4 trillion, driven by a strong rally in both the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM).The total market capitalisation of all stocks listed on ADX — including both the main and growth markets — stood at Dh3.099 trillion as of Friday's close.The exchange has consistently maintained its market cap above the Dh3 trillion mark in recent weeks, with its benchmark FTSE ADX General Index (FADGI) standing at 10,064.81 when the markets closed on Friday (July 11).ADX recently marked a key milestone with the listing of a $100 million digital bond by First Abu Dhabi Bank, in partnership with HSBC. The FADGI has gained 6.9% so far in 2025, while the exchange's total market capitalisation has grown by 3.3%, according to the latest bulletin from Kamco Invest.DFM has also witnessed a remarkable upswing, with its total market capitalisation reaching Dh996.434 billion, as per Kamco Invest data. The DFM General Index (DFMGI) climbed to 5,854.99 on Friday (July 11), reflecting a 13.5% gain so far this year. The DFM has posted gains for three consecutive weeks, with the index now at a 17-year high.Real estate has been a key driver of the Dubai market, led by strong performances from Emaar and Emaar Development.The exchange also welcomed the listing of Dubai Residential REIT, which raised Dh2.15 billion via its IPO. A second REIT, Al Mal Capital REIT, has launched a follow-on public offering (FPO) aiming to raise Dh242 million.With both ADX and DFM combined, the total market capitalisation stands at Dh4.095 trillion, equivalent to approximately $1.115 trillion.In comparison, the Saudi stock market remains the region's largest, with a market capitalisation of $2.49 trillion, according to Kamco Invest's latest data.'The UAE's stock markets crossing Dh4 trillion is a remarkable milestone that reflects the strength and dynamism of the country's economy,' said Samer Mardini, Chief Investment Officer at a family office in Dubai.'The impressive growth in both Abu Dhabi and Dubai markets is driven by rising investor confidence, successful IPOs, and innovations like digital bonds. It signals a bright future. It's an exciting time, and the momentum points toward even greater opportunities ahead,' he added.
Commenting on the rise of realty stocks in the UAE, Milad Azar of XTB MENA said: 'The rise of REITs shows growing market maturity and investor access. While still behind Saudi Arabia's $2.49 trillion market, the UAE is gaining ground through innovation, diversification, and investor confidence across both traditional and digital sectors.'
Source: Aletihad - Abu Dhabi
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Today
7 hours ago
- Gulf Today
DFM announces 298% rise in net profit before tax for H1 2025 to Dhs777.1 million
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of Dhs777.1 million, up 298 per cent compared to the same period in 2024, underscoring strong investor confidence and the continued expansion of Dubai's capital markets. DFM saw robust market performance during this period, with the DFM General Index (DFMGI) rising by 10.6 percent, reflecting both local market strength and a broader global shift in capital towards resilient, growth-oriented markets. The total market capitalisation also increased by a solid 9.7 percent, compared to the same period last year, to reach Dhs995 billion. Commenting on DFM's performance, Helal Saeed Al Marri, Chairman of DFM, said, 'DFM delivered a positive performance in the first half of 2025, underpinned by growing market depth and investor engagement. The rise in the DFM General Index, alongside sustained participation from institutional and foreign investors, is set against the backdrop of a dynamic Dubai economy, where record real estate activity, growing hedge fund presence, and increased capital flows have reinforced the emirate's status as a global financial hub. The 3rd edition of our Annual Capital Market Summit, held in May, further highlighted DFM's global standing, attracting more than 1,500 leading international and regional market participants and setting the stage for continued innovation and growth. Looking ahead, we will continue enhancing our market infrastructure and diversifying our offerings to support sustained market growth.' DFM's total consolidated revenue rose 191 per cent to Dhs888.9 million in the first half of 2025, underpinned by a robust rise in operating income and solid investment returns and one-off income from the sale of an investment property. Expenses, excluding tax, were Dhs111.8 million compared to Dhs110.3 million in H1 2024, reflecting ongoing investments in market infrastructure and technology. In the second quarter of 2025, the total revenue reached Dhs702.5 million compared to Dhs157.6 million reported in Q2 2024. Further, the exchange recorded a net profit before tax of Dhs642.2 million, compared to Dhs99.8 million in the corresponding period last year reflecting the steady market growth. DFM recorded increased trading activity during H1 2025, with average daily traded value (ADTV) rising 75 per cent year-on-year to Dhs692 million, leading to a total traded value of Dhs85 billion, up 77 per cent compared to AED48 billion in H1 2024. Average number of daily trades also increased by 37 per cent to approximately 13,900, reflecting deeper market engagement. DFM onboarded 53,655 new investors during the first half of 2025, with foreign investors making up 84 per cent, raising the total investor base to over 1.2 million. Institutional trading increased notably, reaching 71 per cent of total activity, with foreign investors contributing 53 per cent of trading and representing 20 per cent ownership of market capitalisation. In June, DFM participated in HSBC's GCC Exchanges Conference in London, which convened over 300 global institutional investors, more than 100 corporates, and representatives from all GCC exchanges. The conference emphasised growing global interest in the Gulf markets, driven by resilient regional performance, including a 33 percent rise in GCC IPO activity in the first three months of the year. In the first half of 2025, DFM welcomed the landmark IPO of Dubai Residential REIT (DUBAIRESI), the GCC's largest and first-ever listed pure-play residential leasing-focused REIT. The IPO raised Dhs2.145 billion (US$584 million) and was significantly oversubscribed, with gross demand exceeding Dhs56 billion (US$15 billion), approximately 26 times the offered units. Dubai Residential REIT debuted with a market capitalisation of Dhs14.3 billion (US$3.9 billion), marking the largest listed REIT in the GCC and underscoring strong investor confidence in Dubai's real estate sector. In May, DFM successfully hosted the third MENA Capital Market Summit (CMS 2025), welcoming over 1,500 attendees and more than 100 speakers from leading global institutions. The annual event has come to serve as a regional anchor for dialogue, innovation, and investment, further cementing DFM's role as a strategic enabler of capital market development. During this year's edition, DFM announced two AI-powered enhancements to its iVestor app: Smart Disclosures and Financial Summary. Smart Disclosures provides concise summaries of detailed company announcements, while Financial Summary presents key financial metrics clearly and succinctly. These new features aim to simplify access to information and support investors in making informed decisions, aligning with the rising demand for intuitive, digital-first investment tools. DFM also continued enhancing its Arena platform, designed to facilitate broader capital access and diversify investment opportunities across various asset classes, reinforcing market depth and investor engagement. Market capitalisation reached Dhs995 billion, reflecting Dubai's diversified economic base with sector composition as follows: Financials 40 per cent, Real Estate 20 per cent, Utilities 17 percent, Industrials 12 percent, Communication Services 5 percent, and Consumer Staples and other sectors comprising the remainder. This diverse mix strategically positions DFM to attract listings from emerging and underrepresented sectors. Hamed Ali, CEO of DFM and Nasdaq Dubai, said, 'DFM's performance in the first half of 2025 reflects a market evolving with purpose, demonstrating steady progress in executing our strategic initiatives and maintaining investor confidence. The successful listing of Dubai Residential REIT signals continued strength in our IPO pipeline and a growing investor appetite for diversified asset classes. As we expand access to new products and deepen market infrastructure, DFM remains a magnet for capital and a launchpad for the region's most ambitious issuers.' WAM
Fintech News ME
11 hours ago
- Fintech News ME
Dubai Financial Market Reports AED 777.1 Million H1 2025 Profit, Up 298%
Dubai Financial Market (DFM) has announced its consolidated financial results for the six months ending 30 June 2025, reporting a net profit before tax of AED 777.1 million, a 298% increase compared to the same period in 2024. The DFM General Index rose by 10.6% during the first half of the year, while total market capitalisation increased by 9.7% year-on-year to AED 995 billion. These gains were supported by local market strength and global interest in resilient, growth-oriented markets. Helal Saeed Al Marri, Chairman of DFM, said: 'DFM delivered a positive performance in the first half of 2025, underpinned by growing market depth and investor engagement. The rise in the DFM General Index, alongside sustained participation from institutional and foreign investors, is set against the backdrop of a dynamic Dubai economy, where record real estate activity, growing hedge fund presence, and increased capital flows have reinforced the emirate's status as a global financial hub.' DFM's consolidated revenue rose 191% to AED 888.9 million, driven by higher operating income, solid investment returns, and one-off income from the sale of an investment property. Operating expenses, excluding tax, were AED 111.8 million, slightly up from AED 110.3 million in the first half of 2024, reflecting ongoing investments in infrastructure and technology. In the second quarter alone, total revenue stood at AED 702.5 million, compared to AED 157.6 million in Q2 2024. Net profit before tax was AED 642.2 million, up from AED 99.8 million a year earlier. Trading activity also increased. The average daily traded value rose 75% year-on-year to AED 692 million, contributing to a total traded value of AED 85 billion in the first half, compared to AED 48 billion in the same period last year. The average number of daily trades rose 37% to approximately 13,900. DFM registered 53,655 new investors in the first half of the year, of which 84% were foreign investors, bringing the total investor base to over 1.2 million. Institutional trading accounted for 71% of total activity, while foreign investors contributed 53% of trading and held 20% of market capitalisation. In June, DFM took part in HSBC's GCC Exchanges Conference in London, which brought together over 300 institutional investors, more than 100 corporates, and all GCC exchanges. Discussions centred on the increasing global interest in the region, including a 33% year-on-year increase in GCC IPO activity during the first quarter of 2025. During the first half of the year, DFM also hosted the initial public offering of Dubai Residential REIT (DUBAIRESI), the first and largest listed residential leasing-focused REIT in the GCC. The offering raised AED 2.145 billion and was significantly oversubscribed, with demand exceeding AED 56 billion. The REIT debuted with a market capitalisation of AED 14.3 billion. DFM also held the third MENA Capital Market Summit in May, which attracted over 1,500 attendees and more than 100 speakers. During the event, DFM launched two AI features in its iVestor app: Smart Disclosures and Financial Summary, aimed at improving access to company data and key financial information. The exchange also continued to enhance its Arena platform, which is designed to broaden capital access and diversify investment opportunities. Dubai's market capitalisation reached AED 995 billion at the end of June, with financials accounting for 40%, real estate 20%, utilities 17%, industrials 12%, communication services 5%, and consumer staples and other sectors making up the remainder.
Zawya
13 hours ago
- Zawya
Dubai Financial Market announces 298% rise in net profit before tax for the first half of 2025 to AED777.1mln
DFM's total consolidated revenue increased by 191% to AED 888.9 million in the first half of 2025, driven by strong trading activity and diversified income streams and one-off income from the sale of an investment property. Total traded value grew by 77% year-on-year to AED 85 billion, with institutional investors accounting for 71% of activity. In the first six months of 2025, DFM attracted 53,655 new investors, 84% of whom were foreign, expanding the total investor base to over 1.2 million. Dubai, UAE: Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED 777.1 million, up 298% compared to the same period in 2024, underscoring strong investor confidence and the continued expansion of Dubai's capital markets. DFM saw robust market performance during this period, with the DFM General Index (DFMGI) rising by 10.6%, reflecting both local market strength and a broader global shift in capital towards resilient, growth-oriented markets. The total market capitalisation also increased by a solid 9.7%, compared to the same period last year, to reach AED 995 billion. Commenting on DFM's performance, H.E. Helal Saeed Al Marri, Chairman of DFM, said: 'DFM delivered a positive performance in the first half of 2025, underpinned by growing market depth and investor engagement. The rise in the DFM General Index, alongside sustained participation from institutional and foreign investors, is set against the backdrop of a dynamic Dubai economy, where record real estate activity, growing hedge fund presence, and increased capital flows have reinforced the emirate's status as a global financial hub. The 3rd edition of our Annual Capital Market Summit, held in May, further highlighted DFM's global standing, attracting more than 1,500 leading international and regional market participants and setting the stage for continued innovation and growth. Looking ahead, we will continue enhancing our market infrastructure and diversifying our offerings to support sustained market growth.' Financial Metrics DFM's total consolidated revenue rose 191% to AED 888.9 million in the first half of 2025, underpinned by a robust rise in operating income and solid investment returns and one-off income from the sale of an investment property. Expenses, excluding tax, were AED 111.8 million compared to AED 110.3 million in H1 2024, reflecting ongoing investments in market infrastructure and technology. In the second quarter of 2025, the total revenue reached AED 702.5 million compared to AED 157.6 million reported in Q2 2024. Further, the exchange recorded a net profit before tax of AED 642.2 million, compared to AED 99.8 million in the corresponding period last year reflecting the steady market growth. Robust Trading Activity DFM recorded increased trading activity during H1 2025, with average daily traded value (ADTV) rising 75% year-on-year to AED 692 million, leading to a total traded value of AED 85 billion, up 77% compared to AED 48 billion in H1 2024. Average number of daily trades also increased by 37% to approximately 13,900, reflecting deeper market engagement. Growing Investor Participation DFM onboarded 53,655 new investors during the first half of 2025, with foreign investors making up 84%, raising the total investor base to over 1.2 million. Institutional trading increased notably, reaching 71% of total activity, with foreign investors contributing 53% of trading and representing 20% ownership of market capitalization. In June, DFM participated in HSBC's GCC Exchanges Conference in London, which convened over 300 global institutional investors, more than 100 corporates, and representatives from all GCC exchanges. The conference emphasized growing global interest in the Gulf markets, driven by resilient regional performance, including a 33% rise in GCC IPO activity in the first three months of the year. IPO Milestone: Dubai Residential REIT In the first half of 2025, DFM welcomed the landmark IPO of Dubai Residential REIT (DUBAIRESI), the GCC's largest and first-ever listed pure-play residential leasing-focused REIT. The IPO raised AED 2.145 billion (USD 584 million) and was significantly oversubscribed, with gross demand exceeding AED 56 billion (USD 15 billion), approximately 26 times the offered units. Dubai Residential REIT debuted with a market capitalization of AED 14.3 billion (USD 3.9 billion), marking the largest listed REIT in the GCC and underscoring strong investor confidence in Dubai's real estate sector. Enhanced Investor Access and Market Development In May, DFM successfully hosted the third MENA Capital Market Summit (CMS 2025), welcoming over 1,500 attendees and more than 100 speakers from leading global institutions. The annual event has come to serve as a regional anchor for dialogue, innovation, and investment, further cementing DFM's role as a strategic enabler of capital market development. During this year's edition, DFM announced two AI-powered enhancements to its iVestor app: Smart Disclosures and Financial Summary. Smart Disclosures provides concise summaries of detailed company announcements, while Financial Summary presents key financial metrics clearly and succinctly. These new features aim to simplify access to information and support investors in making informed decisions, aligning with the rising demand for intuitive, digital-first investment tools. DFM also continued enhancing its Arena platform, designed to facilitate broader capital access and diversify investment opportunities across various asset classes, reinforcing market depth and investor engagement. Diverse Sector Representation Market capitalization reached AED 995 billion, reflecting Dubai's diversified economic base with sector composition as follows: Financials 40%, Real Estate 20%, Utilities 17%, Industrials 12%, Communication Services 5%, and Consumer Staples and other sectors comprising the remainder. This diverse mix strategically positions DFM to attract listings from emerging and underrepresented sectors. Hamed Ali, CEO of DFM and Nasdaq Dubai, said: 'DFM's performance in the first half of 2025 reflects a market evolving with purpose, demonstrating steady progress in executing our strategic initiatives and maintaining investor confidence. The successful listing of Dubai Residential REIT signals continued strength in our IPO pipeline and a growing investor appetite for diversified asset classes. As we expand access to new products and deepen market infrastructure, DFM remains a magnet for capital and a launchpad for the region's most ambitious issuers.' About Dubai Financial Market: Dubai Financial Market (DFM) was established as a public institution with its own independent corporate body. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, 2000 and became the first Islamic Shari'a-compliant exchange globally since 2007. Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion, DFM became a public joint stock company, and its shares were listed on 7 March 2007 with the trading symbol (DFM). Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited.
