Dubai Financial Market and Abu Dhabi Securities Exchange indexes rose 0.1% each last week, supported by retail purchases, as institutions tended to sell in the market, while the gains of the markets of about 757.4 million dirhams.

Dubai Financial Market index closed at 2701.48 points with a 0.1% increase during last week's trading, as its market capitalization gained over AED 545 million.

Most sectors witnessed a rise, led by consumer goods and luxury goods, which rose by 2.9%, followed by investment and financial services by 2%, and banking sector by 1.83%.

Arabs, GCC and foreigners were net buyers of AED 9.44 million, AED 73.1 million and AED 70.4 million respectively, while nationals were net sellers of AED 152.9 million.

Institutions are net buyers at AED 13.3 million, while individuals are net buyers at AED 8.76 million, while other investors are net buyers at AED 4.55 million.

The number of companies that were marked by the Dubai market to mark the losses of 10 companies, where the market put a yellow mark beside the shares of five companies to show that the accumulated losses ranging from 20% to less than 50%, namely: «Deyaar Development» and «Emirates Refreshments»; SALAMA Insurance, Takaful Emarat and Unikai Food, while the market placed a red mark beside the shares of five companies to show that their accumulated losses amounted to 50% and more, including: Al Madina for Finance and Investment and Amlak Finance. DXB Entertainment, Gulf General Investments, and Ithmaar Holding.

Abu Dhabi Securities Exchange (ADX) continued to post weekly gains, after rising 0.12% to close at 5137.62 points yesterday, achieving a market gain of AED 207.37 million.

The consumer goods sector gained the most after the rise of 4.25%, while the banking sector index rose 0.113%, and communications rose 0.36%.

Nationals and Arabs were net buyers of AED 8 million and AED 253.15 million respectively. Meanwhile, Gulf and foreigners were net sellers by AED 26 million and AED 235.123 million respectively.

Institutions were net sellers by AED 163.475 million, while individuals were net buyers.

- Most sectors in the Dubai market witnessed a rise led by «consumer goods and luxury».