2.7 billion dirhams of stock gains in “Dubai Financial”

Dubai Financial Market Index closed at 3412.69 points.

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The Dubai Financial Market index rose, at the end of yesterday's session, by 0.85%, to close at 3,412.69 points, with transactions worth 456 million dirhams.

The market capital of the shares listed in the same market increased by about 2.71 billion dirhams, rising from 565.73 billion dirhams to 568.44 billion dirhams, with the increase in risk appetite, and the direction of investors' attention to search for new incentives, after the end of the season of business results.

The shares of 19 companies out of the 36 companies that were traded yesterday, while the shares of 13 companies declined, and four companies remained unchanged.

The rise of the Dubai market was supported by the rise in the share of «Emaar Properties» by 3.28% to 5.97 dirhams, and liquidity amounted to 193 million dirhams.

And «Emaar Development» rose by 3.44% to 4.8 dirhams, and «Dubai Islamic» rose 1.03% to 5.88 dirhams, with a circulation of 20.5 million dirhams.

The "Emirates Refreshments" share rose 3.7% to 5.26 dirhams, with a trade of 37.4 million dirhams, while the "Emirates NBD" share fell 0.73% to 13.5 dirhams.

The most heavily traded shares were the shares of «Union Properties», which rose by 1.8% at a price of 0.284 dirhams, with a turnover of more than 59 million shares.

On the other hand, the Abu Dhabi Securities Exchange Index decreased by a slight 0.21%, equivalent to 21.53 points, to close at 10018.15 points, with transactions worth a total of 1.3 billion dirhams.

Shares of 27 companies rose out of 55 companies that were traded yesterday, while shares of 16 companies declined, and 12 companies remained stable.

The Abu Dhabi market declined, in the same session, with the share of «International Holding» 0.38% to 342 dirhams.

While "Alpha Abu Dhabi" shares rose 2% to 24.52 dirhams, "Ras Al Khaimah Real Estate" 4.98% to 0.78 dirhams, and "ADNOC Distribution" 1.52% to 4.69 dirhams.

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