The market capitalization of the listed shares increased to 568.26 billion dirhams

“Dubai Financial” earns 2.81 billion dirhams in a week

Dubai market index closed yesterday at the level of 3419.72 points.

Photography: Ahmed Ardeti

The Dubai Financial Market index rose 0.72% at the end of trading last week, closing at 3,419.72 points, recording profits of 2.81 billion dirhams, as the market capitalization of the listed shares increased from 565.45 billion dirhams to 568.26 billion dirhams at the end of trading, with an increase in risk appetite, and the attention of investors. To look for new catalysts after the business results season ends.

For its part, the Abu Dhabi Stock Exchange index fell 1.7% to close at 10110.45 points by the end of the week, recording the first weekly loss since the beginning of August, under pressure from profit-taking operations.

The market capitalization of shares listed on the Abu Dhabi market decreased from 2.136 trillion dirhams to 2.113 trillion dirhams at the end of last week's trading.

At the conclusion of yesterday's session, the Dubai and Abu Dhabi markets attracted liquidity that exceeded 1.19 billion dirhams, with a trading volume of 229.75 million shares, through the implementation of 10.25 thousand transactions.

The "Dubai Financial" index closed yesterday, down by 0.4%, at the level of 3,419.72 points, with transactions worth 127.37 million dirhams.

The shares of 12 companies out of the 30 companies that were traded yesterday, while the shares of 14 companies declined, and four companies remained unchanged.

The Abu Dhabi market index also declined at the end of yesterday's session, by 0.2%, at the level of 10110.45 points, with a total value of 1.1 billion dirhams.

This came with the trading of shares of 50 companies, including 19 high companies, while shares of 25 companies declined, and six companies remained stable.

• Dubai and Abu Dhabi markets attracted liquidity that exceeded 1.19 billion dirhams in Friday's session.

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