Local stock liquidity exceeds 1.4 billion dirhams in the first sessions of the week

Dubai market index closed at the level of 3408 points.

Photography: Ahmed Ardeti

Local shares attracted liquidity that exceeded 1.42 billion dirhams at the close of trading yesterday, mostly focused on major shares in the banking and real estate sectors.

Liquidity was distributed at 1.15 billion dirhams on the Abu Dhabi Stock Exchange, and 273.12 million dirhams in the Dubai Financial Market, after trading on 365.5 million shares through the implementation of more than 15.7 thousand transactions.

The Dubai Financial Market index closed its transactions, down by 0.34% at the level of 3408 points, with transactions worth 273.12 million dirhams.

The shares of eight companies out of the 33 companies that were traded yesterday, while the shares of 20 companies declined, and five remained unchanged.

The most heavily traded stock was "Union Properties", which rose by 6.8% to 0.280 dirhams, with transactions exceeding 95.12 million shares, with a value of 26.37 million dirhams.

The index of the Abu Dhabi Securities Exchange, at the close of yesterday's session, decreased by 0.47%, at the level of 10,063.18 points, with transactions worth a total of 1.15 billion dirhams.

This came with the trading of shares of 56 companies, of which 18 are high, while the shares of 31 companies declined, and seven remained stable.

Shares of «Multiplay» were the most actively traded shares in the market, increasing by 0.9% at a price of 2.06 dirhams, with a transaction of nearly 35 million shares.

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