Dubai index rose to the highest level by 2.58%, and Abu Dhabi 0.51% due to foreign and institutional purchasing pressure, and increased investor appetite for a large number of local shares with a focus on real estate and banks , Which deepened the market’s liquidity above 600 million dirhams.

This comes at a time when analysts at Morgan Stanley said it is time to raise the valuation of UAE shares, amid signs that the real estate sector has reached the bottom level.

> According to Bloomberg, 3 analysts in the report that raised the evaluation of the UAE stock markets to an active, explained that there are indicators of a possible turning point in the UAE market, if this is not structural.

Analysts also expected the return of Emaar Properties to revive, supported by the results of the fourth quarter that exceeded expectations, and said that the basic factors of shares of financial companies in the UAE are still attractive.

> Emaar Properties witnessed more foreign consolidation operations, climbing 6.24%, to move the infection rises to the sector’s shares, with Arabtec up 5%, Damac 4.76% and Emaar Development 3.1 % And Emaar Malls 6.13%.

The net foreign investment of non-Arabs in Dubai exceeded 60 million dirhams as a combined purchase, and recorded 22 million dirhams in Abu Dhabi, while the portfolios in the two markets pumped 95 million dirhams of purchase In Abu Dhabi, Abu Dhabi Commercial Bank climbed 5.9%, National Union 3.45%, and Aldar 3.51%.

It is worth noting that the results of Emaar Properties ’business came in more than expected during the first month of the current year, and this was reported by Mohammed Al-Abbar, Chairman of the Board of Directors of the company