Capital market liquidity reached 1.3 billion dirhams

19 billion dirhams gains in shares of "Abu Dhabi Securities" at the beginning of the week

Dubai Financial Market Index closed at the level of 2804 points.

archival

Yesterday, the closings of the main stock market indices in the country varied, as the "Abu Dhabi Securities" index rose by 0.7%, while its counterpart in the "Dubai Financial" decreased by 0.4%.

The liquidity of the two markets amounted to 1.3 billion dirhams, the largest proportion of which was concentrated in the "Abu Dhabi Securities", which also achieved market gains of 19 billion dirhams, bringing the capitalization of the companies listed in it to 1.2 trillion dirhams at the end of yesterday's session.

According to the data of the two markets, the Dubai Financial Market index closed yesterday, down 0.44% at the level of 2804 points, with transactions worth a total of 111 million dirhams.

The shares of 10 companies out of the 32 companies that were traded, while the shares of 17 companies declined, and five companies remained unchanged.

Shares of Emaar Properties closed down by 0.2% at 4.15 dirhams, with trades of nearly five million shares, while Emaar Malls shares fell by 1.5% at 1.98 dirhams, with transactions of nearly six million shares.

On the Abu Dhabi Securities Exchange, the general index ended trading, up 0.72% at the level of 6949 points, with transactions worth a total of 1.2 billion dirhams.

The shares of 18 companies out of 44 that were traded, while the shares of 19 companies declined and seven companies remained unchanged.

It was clear from the beginning of trading that the market was on its way to achieving more gains, which actually happened less than a quarter of an hour after the start of the session, with the support of large purchases on a segment of the leading stocks.

The "Alpha Abu Dhabi" share rose during trading to above the barrier of 19 dirhams, before reducing its gains and finally closing at 18.88 dirhams, a growth of 8.13%, with transactions worth 178 million dirhams.

The International Holding Company's share reached 124.5 dirhams, amid deals worth more than 322 million dirhams. Aldar's share rose to 3.8 dirhams, ADNOC Distribution's share scored 4.39 dirhams, while the first Abu Dhabi Bank's share closed at 16.76 dirhams.

The list of gainers also included the share of Ras Al Khaimah Cement Investment, which closed at two dirhams, Agthia 5.9 dirhams and Gulf Cement 79 fils.

The number of shares traded in the capital market reached 153 million, executed through 4249 transactions.

"Alfa Abu Dhabi" share rose to 19 dirhams before trimming its gains to close at 18.88 dirhams.

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