Stocks raise their gains to 7.6 billion dirhams amid high trading...

The UAE financial markets raised their rally in today’s session, before the last of the week’s trading, which also witnessed an increase in trading liquidity, which boosted the market value gains of traded companies ’shares by 7.6 billion dirhams.
Despite the quiet beginning 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 share of First Abu Dhabi Bank continued to lead support for the capital market, up to 11.24 dirhams, in addition to the Abu Dhabi Commercial Bank closed at 5.65 dirhams.

While ADNOC Distribution rose to 3.56 dirhams, Aldar rose to 2.01 dirhams.

In the Dubai Financial Market, Emirates NBD’s share also continued to lead the activity, amounting to 10.65 dirhams, along with Aramex’s shares of 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 traded 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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