UAE stocks raise their gains to 7.6 billion dirhams amid increasing...

UAE stocks raise their gains to 7.6 billion dirhams amid increasing...
UAE stocks raise their gains to 7.6 billion dirhams amid increasing...

The UAE financial markets raised their rally in today’s penultimate session of the week’s trading, which also witnessed a rise in trading liquidity, which boosted the market value gains for shares of traded companies by 7.6 billion dirhams.

Despite the quiet start of transactions, the second half of the session witnessed a shift in the march of the market, which rose strongly with the support of the leading shares listed in more than one sector, especially the banking and real estate sector.

With the increase in the pace of improvement, the general index of the Abu Dhabi Securities Exchange succeeded to return to above the level of 4,500 points, closing at 4,518 points, an increase of 0.52%, and in the Financial Market, the index rose to 2,273 points, an increase of 0.91% compared to the previous day.

The shares of First Abu Dhabi Bank continued to lead support for the capital market, up to 11.24 dirhams, in addition to Abu Dhabi Commercial Bank’s closed share at 5.65 dirhams. While ADNOC Distribution rose to 3.56 dirhams, Aldar’s share rose to 2.01 dirhams.

In the Dubai Financial Market, Emirates NBD’s shares also continued to lead the activity, amounting to 10.65 dirhams, along with Aramex’s 4.28 dirhams, and some takaful insurance stocks made good gains, including Aman, which rose to 1.15 dirhams and Salama 87 fils.

The value of liquidity in the two markets reached 623 million dirhams and the number of shares traded 394 million shares executed through 5730 transactions.


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