Abu Dhabi market starts the week with active transactions and earns...

The Abu Dhabi Securities Exchange started its transactions on the first day of the last week of the current October, on active trading, supported by the positive news issued by the number of listed companies on the one hand, or in anticipation of some companies announcing their financial statements for the third quarter of the year .
With the great activity that the market witnessed, the market value of the traded companies’ shares gained about two billion dirhams at the close of trading.

It was noteworthy that the volume of liquidity increased in trading on Sunday, as the value of the concluded deals amounted to about 700 million dirhams, while the number of traded shares reached 155 million shares executed through 1810 deals.

The general market index succeeded in closing at 4568 points, an increase of 0.25% compared to last Thursday’s session, in a step that, according to technical analysis data, indicates that the index could easily cross the 4,600-point barrier if liquidity continues at these levels.

The list of shares that acquired the largest part of the traded liquidity included all of Aldar Properties, which rose to 2.21 dirhams, amid deals exceeding 166 million dirhams, while First Abu Dhabi Bank’s share rose to 11.26 dirhams, with trades worth approximately 162 million dirhams.

For his part, the share of the International Holding Company continued its rise, reaching 39.10 dirhams, with transactions worth 141 million dirhams, and the value of deals concluded on Abu Dhabi Commercial Bank’s share exceeded 100 million dirhams, pushing the share to the level of 5.80 dirhams, and ADNOC Distribution rose to 3.36 dirhams.

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