The UAE financial markets started their first trading days in August on an activity, with the support of continuing trading on the shares of the real estate and banking sectors, with a focus on the share of shares that are less than a dirham worth. And the market value of shares of traded companies gained about 15.8 billion dirhams at the end of the session.
The general index of Abu Dhabi Securities Exchange rose to 4324 points, an increase of 0.45%, while the general index of Dubai Financial Market rose by 0.70%, closing at 2065 points.
Trading liquidity witnessed more improvement during today's session, after the value of transactions in the Abu Dhabi and Dubai financial markets increased to about 450 million dirhams, while the number of traded shares reached 629 million shares executed through 7722 transactions.
The shares of banks led the activity in the Abu Dhabi Stock Exchange after the first Abu Dhabi Bank shares rose to 11 dirhams, followed by the shares of Abu Dhabi Commercial Bank to 5.04 dirhams. Abu Dhabi Energy continued to shine, rising to 1.44 dirhams, which reflected positively on the market value in general.
As for the Dubai Financial Market, the list of winners included: Emirates NBD shares rose to 9.01 dirhams, while “Etihad Real Estate” witnessed a good activity, rising to 35 fils, in addition to “Dyar Real Estate Development” which closed at 28 fils .