The Dubai Financial Index recorded the highest closing in 4 years
Local shares raise their gains in two sessions to 25 billion dirhams
Dubai Financial Market Index closed at the level of 3515.24 points.
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The local stock markets consolidated its gains after it gained 11.7 billion dirhams in yesterday's session, which raised its total gains in two sessions to about 25.07 billion dirhams.
The market gains of the Abu Dhabi market in the two sessions amounted to about 16.35 billion dirhams, including nine billion in yesterday's session, bringing the total to one trillion and 794 billion dirhams, while the market gains of the Dubai market in the two sessions amounted to about 8.72 billion dirhams, including 2.7 billion in yesterday's session, bringing the total to 426.4 billion dirhams.
The value of trading, in yesterday's session, was 2.45 billion dirhams, distributed over 1.68 billion in the Abu Dhabi market, and 765.7 million in the Dubai market, while the trading volume reached 747.21 million shares, 436.55 million shares in the Abu Dhabi market, and 310.66 million shares in The Dubai market is distributed over about 19.37 thousand deals in the two markets.
The Dubai market index rose for the fifth consecutive session, recording the highest closing in four years, with an increase in risk appetite and expectations of a rise in participation in the initial public offering of the shares of the Dubai Electricity and Water Authority (DEWA), and the FTSE Abu Dhabi index rose for the sixth session, exceeding its highest levels ever. .
The Dubai Financial Market index rose 0.88% at the level of 3515.24 points, and the Abu Dhabi Stock Exchange index continued to rise for the sixth consecutive session at the close of yesterday's session, by 0.74% at the level of 9901.67 points, for the first time in its history.
• The value of trading in yesterday's session recorded 2.45 billion dirhams.
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