The liquidity of local stock trading has risen to 1.6 billion dirhams
The value of liquidity traded in the UAE financial markets jumped to more than 1.6 billion dirhams, supported by the return of intensive institutional trading on the shares of First Abu Dhabi Bank, which rose to 12.92 dirhams, in addition to some other leading stocks listed in the banking and real estate sectors.
The general index of the Abu Dhabi Securities Market rose to the level of 4960 points, an increase of 0.17%, while the general index of the Dubai Financial Market penetrated the level of 2317 points, a growth of 0.79% compared to the previous session.
In addition to the continuing activity of First Abu Dhabi Bank’s share, which witnessed trading at a value of more than 652 million dirhams, the share of Abu Dhabi Commercial Bank rose to 6.22 dirhams.
On the other hand, Emaar Properties led the activity in the Dubai Financial Market, as the stock rose to the level of 3.05 dirhams, its highest level in several months, and was followed by Emaar Malls to 1.75 dirhams and Damac to 1.12 dirhams, and in the banking sector, the share of Emirates NBD jumped In the last half hour of the session life to 10.40 dirhams.
Dubai Islamic Bank continued its upward trend, closing at 4.24 dirhams.
In conjunction with the increase in the value of the traded liquidity, the number of shares traded in the market increased to 479 million shares executed through 7,698 transactions.
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