Local stocks win 14.6 billion dirhams

The pace of activity in the UAE financial markets increased during the mid-week session, after a segment of stocks continued their strong rally amid the continued injection of more liquidity into trading floors.

With the continuation of the rise, the market value of the shares of the traded companies gained at the end of today's trading, about 14.66 billion dirhams, according to the figures released by the markets.

The general index of the Abu Dhabi Securities Market rose by 1.04% to reach the level of 6015 points, while the general index of the Dubai Financial Market rose to 2573 points, an increase of 0.91% compared to the session of the beginning of the week.

The shares of the International Holding Company continued to rise, closing at 74.9 dirhams, at a new record price level.

The list of winners in the Abu Dhabi market also included the shares of Julphar 1.62 dirhams, in addition to the Abu Dhabi Islamic Bank share of 5.08 dirhams.

In the Dubai Financial Market, the share of Emaar Properties, which rose by 3.60 dirhams, returned to lead the activity, in addition to the share of "Aramex" of 4.05 dirhams and Dubai Islamic Bank of 4.65 dirhams, while the share of Emirates NBD rose to 11.50 dirhams.

The value of trading in the markets amounted to 925 million dirhams, while the number of shares traded reached 180 million shares executed through 3271 transactions.

Follow our latest local and sports news, and the latest political and economic developments via Google news