Midday: Dubai Gains 0.32%, Abu Dhabi Slips 0.16%

The Dubai Financial Market (DFM) extended its advances at midday on Friday, with the benchmark index adding 18.52 points, or 0.32%, to reach 5,810.68. Trading value across 5,182 transactions reached AED 210.05 million on volume of 58.85 million shares. Commercial Bank of Dubai topped the gainers, surging 5.882%, while National International Holding Company was the steepest decliner, falling 4%. Emaar Properties dominated by turnover, accounting for AED 88.56 million in value, and Talabat led in volumes with 11.9 million shares changing hands.

In contrast, the Abu Dhabi Securities Exchange (ADX) slipped 0.16% to 9,863.04 points, giving up 15.78 points. Turnover there amounted to AED 396.55 million on volume of 87.8 million shares across 8,276 trades. E7 Group posted the session’s sharpest rise, up 12.903% to AED 1.75, while United Arab Bank fell 4.93%. Aldar Properties was the most heavily traded by value at AED 55.59 million, and ADNOC Gas saw the highest volume with 8.12 million shares traded.

Behind the Mixed Session: Profit-Taking and Stock-Specific Moves

Key Movers and Drivers

The divergence between the two bourses reflected a quiet, pre-weekend session with little in the way of broad, market-moving news. Dubai’s positive finish was supported by gains in select blue chips, particularly Commercial Bank of Dubai’s 5.9% jump, which appeared to be stock-specific rather than sector-wide. On the Abu Dhabi side, mild profit-taking following recent advances pressured the index, with notable drops in United Arab Bank and a few other names. The session’s outlier was E7 Group in Abu Dhabi, which rocketed almost 13% on low share price, possibly driven by speculative retail interest. Trading volumes across both exchanges were moderate, indicating no significant institutional repositioning.