4 companies account for 40% of the total weight of the Dubai Stock Exchange general index

Dubai Financial Market announced the results of the quarterly review of the general index and Islamic index samples, and the application of the new weights for the stocks included in the two indices, starting yesterday, Monday.

Four companies accounted for about 40 percent of the total weight of the general index, namely DEWA with a 10 percent share, Dubai Islamic Bank with a 10 percent weight, Emaar Properties with 10 percent, and Emirates NBD with 10 percent, according to market data.

In fifth place came Dubai Commercial Bank with a weight of 6.08 percent, followed by Emaar Development with 5.08 percent, Dubai Investments with 5.06 percent, Salik with 4.73 percent, and Mashreq with 4.69 percent.

Followed by Air Arabia shares by 4.61 percent, Du by 4.24 percent, Gulf Navigation by 3.19 percent, Empower by 2.18 percent, and Ajman Bank by 1.95 percent.

Dubai Financial Market came in 15th place with a weight of 1.62 percent, Tabreed 1.54 percent, Aramex 1.51 percent, Parkin 1.49 percent, and Deyaar 1.46 percent.

Then came Taaleem shares by 1.38 percent, Tecom by 1.38 percent, Union Properties by 1.15 percent, and Spinneys by 1.05 percent, while the rest of the companies had shares of less than 1 percent.

As for the weights of companies in the Dubai Financial Market Islamic Index, 3 stocks accounted for about 30 percent of the total weight of the index, namely DEWA with a share of 10 percent, Dubai Islamic Bank with a weight of 10 percent, and Emaar Properties with a share of 10 percent.

Emaar Development came in fourth place with a weight of 6.99 percent, followed by Dubai Investments with 6.97 percent, Salik with 6.51 percent, and Air Arabia with 6.36 percent.

Then Du shares 5.84 percent, Gulf Navigation 4.39 percent, Empower 3 percent, Ajman Bank 2.68 percent, Dubai Financial Market 2.23 percent, Al Salam Bahrain 2.13 percent, and Tabreed 2.12 percent.

Then Aramex shares in the Islamic index 2.07 percent, Parkin 2.05 percent, Deyaar 2.02 percent, GFH 1.96 percent, Taaleem 1.9 percent, Tecom 1.9 percent, and Union Properties 1.58 percent.

It was followed by Dubai Taxi shares with 1.14 percent, Amanat with 1.22 percent, Drake & Scull with 1.16 percent, and Dubai Refreshments with 1.06 percent, while the rest of the companies had shares of less than 1 percent.