«Green» added to 43 listed shares, and the market gains exceed 14 billion dirhams
The speech of the head of state broadcasts optimism in the financial markets
Dubai Financial Market Index closed at the level of 3154 points.
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The positive and motivating speech of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, was reflected, the day before yesterday, on the morale of investors in the financial markets, so that a state of optimism and reassurance prevailed, with 43 stocks listed in green.
The shares listed in the capital markets achieved market gains worth more than 14 billion dirhams, including 10 billion dirhams in the Abu Dhabi Stock Exchange, and four billion dirhams in the Dubai Financial Market.
The main indices closed in the green zone, at a rate of 1.3 for the general index of the Dubai Financial Market, adding 41 positive points in its upward trajectory, while the ratio reached 0.9% for its counterpart in the Abu Dhabi Stock Exchange.
According to the data of the two markets, the Dubai Financial Market index closed at the level of 3,154 points, with a total value of 204 million dirhams, while the market witnessed an increase in the shares of 16 companies out of the 26 companies whose shares were traded, while the shares of five companies decreased, and the shares of five other companies remained on stability.
«Union Properties» shares closed at its previous price of 0.23 dirhams, with a turnover of nearly 11 million shares, while «Dubai Electricity and Water Authority» shares closed at 2.52 dirhams, with a turnover of about 11 million shares.
In turn, «Emaar Properties» share increased by 2.4% to reach 5.17 dirhams, with transactions exceeding 10 million shares, and «Deyaar Development» share increased by 3% to reach 0.47 dirhams, with transactions of nearly eight million shares.
In addition, the Abu Dhabi Securities Exchange index closed with an increase of 0.9% at the level of 9176 points, with transactions worth a total of 1.1 billion dirhams.
Of the 54 companies whose shares were traded, the shares of 27 companies rose, 22 companies decreased, and the shares of five companies remained stable.
The positive and stimulating speech of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, was reflected on the morale of investors in the financial markets.
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