In its last session before the Eid al-Adha holiday
1.46 billion dirhams, the liquidity of the local capital markets
Dubai Financial Market Index closed with an increase of 47.07 points.
Photography: Ahmed Ardeti
The performance of the UAE financial markets varied at the conclusion of yesterday's session, and the Dubai Financial Market rose, in its last sessions, before the start of the Eid al-Adha holiday, which will extend until next Monday.
Local shares attracted liquidity momentum during trading, exceeding 1.46 billion dirhams, with a trading volume of 246.21 million shares through the implementation of 14,791 thousand transactions.
The Dubai Financial Market index closed Thursday's trading with an increase of 47.07 points, equivalent to 1.53%, to close at 3108.87 points.
The value of trading in the Dubai Financial Market amounted to about 296.75 million dirhams, with a trading volume of 103.85 million shares.
The shares of the Dubai Electricity and Water Authority "DEWA" acquired more than 21.65 million dirhams of trading liquidity in the market, grabbing about 7.3% of the shares' liquidity at the end of trading.
In turn, the share of Emaar Properties acquired liquidity of 123.41 million dirhams, and the share of Dubai Islamic Bank acquired 23.39 million dirhams.
The rise of the Dubai Financial Market came in conjunction with the share of «Emirates Refreshments» topping the list of rises by 6.31%, the share of «Tabreed» 5.57%, the share of «Emaar Properties» by 5.11%, and the share of «Amlak Finance» 4.85%.
In the Abu Dhabi market, the Abu Dhabi FTSE Securities Market Index fell at the end of Thursday's session by 0.36% at 9161.3 points.
The value of trading in the market amounted to 1.17 billion dirhams, while the trading volume amounted to 142.36 million shares through the implementation of 8,306 deals.
The market witnessed an increase in the shares of «Aldar Properties» by 3.07%, and «ADNOC Distribution» shares by 1.43%.
"International Holding" topped the shares in terms of trading value, executing about 326.46 million dirhams, followed by "First Abu Dhabi" share with a value of 234.23 million dirhams, then "Alpha Abu Dhabi" with a value of 104.72 million dirhams, while "Multiplay" topped the shares in terms of trading volumes by about 29.43 million shares.
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