It attracted about 1.75 billion dirhams of liquidity

Local stocks are the best performing in the region

Dubai Financial Market Index rose by 0.32%.

Photography: Ahmed Ardeti

At the conclusion of yesterday's session, local shares achieved the best performance in the region's markets, attracting liquidity estimated at 1.75 billion dirhams, of which 272.28 million dirhams in the Dubai Financial Market, and 1.48 billion dirhams in the Abu Dhabi Stock Exchange, and a trading volume of 295.14 million shares. Distributed by 113.38 million shares in Dubai, and 181.76 million shares in Abu Dhabi, through 17,197 deals.

The local stock markets gained about 9.8 billion dirhams at the end of trading yesterday, supported by the gains of the leading shares in the real estate, banking, communications and investment sectors.

The Dubai Financial Market index rose by 0.32%, or 10.7 points, to close at 3297.80 points, with the collective support of the leading shares.

Shares of "Emaar Properties" rose 0.36%, "Emirates NBD" 1.52%, and "Air Arabia" 2.89%.

The "Emirates Refreshments" share topped the gains by 14.85%, while the "Shuaa Capital" share rose 2.76%, after completing the acquisition of "Allianz Marine and Logistics Services".

In turn, "Aramex" stock rose 2.02%.

Emaar Properties topped the activity in the Dubai market, attracting 68.68 million dirhams, followed by "Dewa" with 39.63 million dirhams, and then "Dubai Islamic Bank" with 29.49 million dirhams.

In addition, the Abu Dhabi Stock Exchange rose by about 1% to 9502.05 points, with the share of «ADC» 5.42%, «Etisalat» 4.24%, and «ADNOC Drilling» 2.42%.

Shares of "Eshraq Holding" increased by 1.93%, and "Dana Gas" by 1.89%.

The "International Holding" share topped the activity, attracting 348.17 million dirhams, then "First Abu Dhabi" with 248.97 million dirhams, followed by "Alpha Abu Dhabi", attracting 176.85 million dirhams, "Etisalat" 98.53 million dirhams, and "Multiplay" 80.47 million dirhams.

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