Dubai, February 21, 2026, 11:55 GST — The market has closed.
Shares of Dubai Financial Market (DFM) slipped 0.6% to finish at 1.65 UAE dirhams on Friday. The DFM General Index wrapped up at 6,590.53 points, down roughly 0.3%. Total trading value landed at 734.2 million dirhams, according to the exchange’s bulletin. (DFM Service)
DFM isn’t simply one more stock on Dubai’s board — it operates the very exchange and handles post-trade operations too. The company’s shares often reflect where local risk sentiment stands, and, to a degree, signal shifts in trading flows. (Reuters)
The weekend gap is key here. Dubai stays shut until Monday, after two sessions where geopolitics took center stage—headlines land first, but prices have to wait their turn.
UAE stocks ended lower Friday, following rising friction between Washington and Tehran after U.S. President Donald Trump gave Iran 10 to 15 days to accept limits on its nuclear program. According to Reuters, oil slipped 0.4% to $71.38 a barrel, a move that weighed on Gulf markets. (Reuters)
Thursday delivered a sharper blow, with Dubai’s benchmark dropping 2.3%. “Geopolitical headwinds continue to stall the momentum needed to sustain an upward trajectory,” said Milad Azar, market analyst at XTB MENA. (Reuters)
DFM highlighted a board call this week, according to a Feb. 19 disclosure. The company said directors signed off “by circulation” — meaning they reached a resolution outside a meeting — on an internal issue, though specifics weren’t shared.
The next sign for the exchange operator? Whether volatility draws in fresh capital or keeps investors sidelined. Even with active trading, Friday’s turnover slipped below Thursday’s.
DFM shares could face renewed pressure if risk-off sentiment takes hold once trading resumes, particularly if tensions between the U.S. and Iran ramp up and oil prices dip. Still, if the weekend passes quietly or negotiations show even a sliver of progress, that might help stabilize the mood and trigger a rebound.
