93 billion dirhams, local stock gains in 4 sessions

Dubai Financial Market rose more than 2% to 3467.71 points.

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Local stock indices consolidated their strong gains in yesterday’s session, for the fourth consecutive day, with a strong improvement in investors’ appetite for purchase, and the strong performance of the national economy, in addition to the record rise in oil prices, and achieved total market gains of 93.16 billion dirhams, in four sessions, by 74.64 billion in the Abu Dhabi Stock Exchange, and 18.52 billion in the Dubai Financial Market.

Yesterday, the total liquidity volume increased to about 2.8 billion dirhams, at a time when 479.3 million shares were traded, through 17,258 transactions in the two markets.

The Dubai Financial Market rose more than 2% to 3467.71 points, the highest in more than 4 years (specifically 49 months ago).

The Abu Dhabi Securities Exchange index continued to break the series of records it previously reached after closing at 9,680 points, the highest level ever since the market was established in 2000, with its index rising by 1.7%.

The market value of the listed shares gained about 20.4 billion dirhams, bringing the market value of the listed companies to 1.745 trillion dirhams.

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