Local shares win 12 billion dirhams
Today, the UAE financial markets succeeded in breaking new barriers upwards, in a move that paves the way once again to achieve further gains in its general indicators in the coming days, according to technical analysis data.
With the strong rise that was achieved in today's session, the market value gains of traded companies' shares rose to nearly 12 billion dirhams at the conclusion of the transactions that witnessed a segment of the shares reaching new price levels, the first in several months.
The general index of the Abu Dhabi Securities Market rose by 1.64%, jumping to the level of 4951 points, while the general index of the Dubai Financial Market closed at 2299 points, a growth of 1.31% compared to the previous day's session.
A segment of the leading stocks in the real estate and banking sectors continued to lead activity in the markets, after First Abu Dhabi Bank’s share rose to 12.88 dirhams, in a move paving the way for easily surpassing the barrier of 13 dirhams, while Abu Dhabi Commercial Bank’s share rose to 6.20 dirhams, and Abu Dhabi Islamic Bank’s share. To 4.66 dirhams.
Shares of the International Holding Company rose to 40.04 dirhams.
In the Dubai Financial Market, the share of "Emaar Properties" came close to exceeding the barrier of three dirhams, after it reached 2.98 dirhams, while the share of "Emaar Malls" rose to 1.72 dirhams.
Emirates NBD’s share continued its activity, closing at 10.35 dirhams.
On the level of liquidity, the value of the concluded deals increased to 741 million dirhams, while the number of traded shares reached 333 million shares executed through 7735 transactions.
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