303 billion dirhams, the market value of Dubai Financial’s shares
The general index of the Dubai Financial Market increased by 1.9%. Archives
The pace of the rise in the local financial markets increased yesterday, during the last day of the week’s trading, which was accompanied by an increase in the volume of liquidity that was pumped by investors, whether they are institutions or individuals.
It was remarkable that the market value of the shares of companies traded on the Dubai Financial Market rose to over the barrier of 303 billion dirhams at the end of yesterday's transactions.
The daily monitoring of the transactions shows that the investors interacted with some positive news issued by some of the listed companies, which pushed their shares to rise strongly, which was reflected in the indicators that, in turn, jumped to new levels.
The trading liquidity recorded its highest levels in several weeks, after the increase in the value of deals concluded in the market to about 645 million dirhams, while the number of shares traded reached 422 million shares executed through 8879 transactions.
The general index of the Dubai Financial Market rose by nearly 1.9% to reach 2,155.4 points, while the general index of the Abu Dhabi Securities Exchange rose to 4,386 points, an increase of 0.62% compared to the previous session.
Emirates NBD’s share witnessed active transactions that exceeded 125 million dirhams, which pushed it to reach the level of 9.75 dirhams, after the news of the possibility of acquiring an important stake in an Arab bank.
Emaar’s shares also continued to rise, rising to 2.78 dirhams, which is the same situation that dominated the movement of Aramex, which amounted to 3.75 dirhams, as the share of “Emaar Development” rose to 2.19 dirhams, and “Emaar Malls” to 1.40 dirhams.
In the Abu Dhabi market, the list of stocks that led the activity included the share of First Abu Dhabi Bank, which rose to 11.08 dirhams, and Etisalat rose to 16.62 dirhams.