UAE Stocks Surge by AED 94.5 Billion in 3-Day Winning Streak

UAE stock markets surged last week, adding 94.5 billion dirhams in market value during just three trading days. Foreign investors drove much of this growth, pouring money into both Abu Dhabi and Dubai exchanges while local retail investors took profits.

The gains were split between Abu Dhabi Securities Exchange, which added 63.17 billion dirhams, and Dubai Financial Market, which gained 31.32 billion dirhams. Both markets saw strong foreign buying that more than offset local selling pressure.

**Abu Dhabi Shows Strong Foreign Interest**

Non-Arab foreign investors were net buyers of 471.97 million dirhams worth of Abu Dhabi stocks. They bought 1.715 billion dirhams worth of shares while selling only 1.243 billion dirhams, capturing 38% of total trading value for the week.

But UAE nationals dominated trading volume, accounting for 55% of trading value and 65% of share volume. They were net sellers though, offloading 340.32 million dirhams more than they bought as they took profits from the rally.

Institutional investors also showed confidence, with a net buying position of 32.16 million dirhams. They purchased 3.025 billion dirhams worth of stocks while selling 2.993 billion dirhams.

The Abu Dhabi index climbed 1.29% to close at 9,950.9 points, up 187.63 points from the previous week. Trading volume reached 1.133 billion shares worth 3.89 billion dirhams across 71,180 transactions. The exchange's total market cap now stands at 3.123 trillion dirhams.

**Dubai Sees Even Stronger Foreign Buying**

Dubai's story was similar but more pronounced. Foreign investors bought 1.157 billion dirhams worth of shares - nearly 57% of all purchases - while selling only 943.17 million dirhams. This created net foreign buying of 214.59 million dirhams.

UAE investors in Dubai were net sellers of the same amount, 214.59 million dirhams, as they cashed in on gains. They bought 863.13 million dirhams worth of stocks but sold 1.077 billion dirhams.

Institutions were the biggest buyers in Dubai, with net purchases of 222 million dirhams. They bought 1.63 billion dirhams worth of shares (81.1% of total trading) while selling 1.417 billion dirhams.

Dubai's index performed even better than Abu Dhabi's, jumping 2.51% to 5,983.54 points - a gain of 146.65 points. Total trading reached 2.04 billion dirhams as 659.62 million shares changed hands in 41,758 transactions. Dubai's market cap rose to 977.83 billion dirhams.

**What This Means for Markets**

The pattern is clear: foreign money is flowing into UAE stocks while local investors are taking profits. This suggests international confidence in the UAE economy and its listed companies, even as domestic investors see current prices as attractive selling opportunities.

Institutional buying in both markets also signals that professional investors see value at these levels. The strong trading volumes and the fact that both exchanges gained ground despite local selling pressure indicates healthy market dynamics.

For traders, the foreign buying trend could continue supporting prices in the near term. But the local profit-taking shows there's still some caution about how much higher stocks can go from here.