Dubai: The UAE stock markets continued their upward trend for the second consecutive session, with the Dubai Financial Market index rising by 0.704% and the Abu Dhabi Securities Exchange index climbing by 0.503%. This resulted in market capitalisation gains exceeding Dh14 billion in Friday’s session, the last trading day of the week, driven by the strong performance of leading stocks. The market capitalisation of listed shares on both exchanges increased from approximately Dh3.572 trillion at the close of trading on Thursday to approximately Dh3.586 trillion on Friday, distributed as follows: Dh2.607 trillion for shares listed on the Abu Dhabi Securities Exchange and Dh979.28 billion for shares listed on the Dubai Financial Market.Local stocks attracted liquidity exceeding Dh1.46 billion, distributed as Dh497.2 million in the Dubai market and Dh972.61 million in the Abu Dhabi market, after trading on 902.39 million shares, through the execution of 36,345 transactions.The Dubai market closed yesterday's trading session up by 0.704%, equivalent to 41.12 points, at a level of 5884.63 points, supported by the almost collective rise of the listed sectors, led by real estate, industry and banks, as the market capitalisation rose to about Dh979.28 billion at the end of yesterday's session, compared to about Dh974.78 billion at the end of trading the day before yesterday, achieving gains of Dh4.5 billion.The market's performance was supported by the almost collective rise in sector stocks, led by the real estate sector with a 2.17% increase, followed by the industrial sector with a 0.88% increase, then banks with a 0.17% increase, telecommunications with a 1.26% increase, in addition to the basic consumer goods sector with a 1.92% increase.During yesterday's trading, foreign (non-Arab) investors were net buyers, with a net investment of approximately Dh39.44 million, after executing purchases worth Dh153.85 million against sales of Dh114.41 million. Listed stocks attracted liquidity exceeding Dh497.2 million.Shares of six companies listed on the Dubai Financial Market – Emaar Properties, Shuaa Capital, Islamic Arab Insurance, Union Properties, Emaar Development, and Drake & Scull International – accounted for more than 67.33% of the total market liquidity during yesterday’s trading.According to market data, the total value of trading in these stocks amounted to approximately Dh334.75 million, out of a total market liquidity of Dh497.2 million.Emaar Properties' stock led market activity in terms of liquidity, with a value of Dh140.13 million, rising 2.2% to Dh11. Shuaa Capital's stock came in second, with trades reaching Dh53.78 million, increasing 14.89% to Dh0.27.For its part, the Abu Dhabi Securities Exchange ended yesterday's trading session with a rise of 0.503%, equivalent to 49.97 points, to close at 9977.36 points.The market capitalisation of listed stocks rose to about Dh2.607 trillion at the end of yesterday’s session, compared to about Dh2.597 trillion at the end of trading the day before yesterday, with gains of about Dh9.7 billion.The shares listed on the market attracted liquidity exceeding Dh972.61 million, after trading on 371.07 million shares, through the execution of 22,805 transactions.

Dubai: After a week of falling temperatures, the mercury is gradually rising again this weekend, as relative humidity spikes to 90% across coastal, island and internal regions.The National Centre of Meteorology (NCM) forecasts fair to partly cloudy weather this weekend, with a probability of convective cloud formation eastward, by afternoon today. These clouds may bring rainfall to regions like Fujairah and Khor Fakkan.Mercury risingHowever, expect a slight increase in temperatures across the UAE today.Coastal and island regions will experience highs between 37°C and 42°C, while internal regions will be warmer, at 41°C to 46°C.Abu Dhabi, Sharjah, and Umm Al Quwain will reach 42°C, while Dubai and Ajman will see 41°C temperatures. Ras Al Khaimah will peak at 40°C, while Fujairah will experience 35°C weather.High humidity continuesLast night’s humidity is expected to cause fog and mist across some coastal and internal areas early this morning, affecting cities like Dubai and Abu Dhabi.It’s a similar situation both tomorrow and on Monday morning, according to the NCM, so if you’re heading out early this weekend, be cautious on the road, as you may experience low horizontal visibility from dense fog.Fresh breeze, calm seasLight to moderate southeasterly to northeasterly winds, freshening at times, with a speed of 10 – 25, will reach speeds of 35 km/hr. This maximum speed is classified as a fresh breeze (Force 5) on the Beaufort Scale, an empirical measure used by Met offices worldwide to relate wind speed to observed conditions at sea or land.At this speed, according to the Royal Meteorological Society, based in the UK, small trees will begin to sway, and you will notice some ‘white horses’ forming on cresting waves.It's why the NCM forecasts calm sea conditions, both in the Arabian Gulf and the Sea of Oman this weekend. You can expect gentle waves reaching heights of two feet on-shore and up to three feet off-shore, making it the perfect weather for evening beach visits.Here is the complete breakdown of minimum and maximum temperatures across the Emirates today:Maximum Temp (°C) Minimum Temp (°C)Dubai 41°C 32°CAbu Dhabi 42°C 32°CAl Ain 43°C 30°CSharjah 42°C 31°CAjman 41°C 32°CFujairah 35°C 30°CRas Al Khaimah 40°C 29°CUmm Al Quwain 42°C 30°CLiwa 44°C 26°C