Ahead of the close .. The Abu Dhabi Financial Market index is trading above 5479 points

The Abu Dhabi Securities Market index jumped during the trading session on Monday, to its highest level in 20 months.

By the middle of the session, the general index breached levels of 5400 points, a point that it has not breached since the April 23, 2019 trading session.

The index achieved gains by 3.79%, to reach the level of 5479.37 points, amid trading volume of 124.9 million shares, valued at 663.8 million dirhams.

These increases came thanks to a jump in the first Abu Dhabi stock by 6.43%, topping all the highs in the market, and reaching its highest levels since the beginning of 2020.

The bank announced, in its disclosure, the share of the UAE ruling family of the capital, in preparation for increasing its weight in the MSCI emerging markets index.

Other leading stocks also made a noticeable rise in support of the general market index rises, led by Aldar Properties, which rose by 2.78%.

Abu Dhabi Islamic shares rebounded 2.02%, Abu Dhabi Commercial 1.46%, as well as Etisalat 1.46%.

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