The company's share rose 14.6% to 1.57 dirhams
The "TAQA" deal raises stock liquidity to 13.6 billion dirhams in the middle of the week
Dubai General Market Index closed at the level of 3431.04 points.
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The local stock markets attracted record liquidity at the close of trading yesterday, which exceeded 13.64 billion dirhams, after executing large deals on the shares of "TAQA" in the Abu Dhabi Stock Exchange.
Market liquidity was distributed at 13.3 billion dirhams on the Abu Dhabi Stock Exchange, and 340.65 million dirhams in the Dubai Financial Market, after trading 10.14 billion shares through the implementation of more than 19.4 thousand transactions.
According to Abu Dhabi market data, the Abu Dhabi National Energy "TAQA" share witnessed the implementation of 102 large transactions, numbering 9.63 billion shares, with a value of 11.749 billion dirhams.
The ADQ Holding Company announced the day before yesterday that it had signed an agreement to sell an 8.6% stake in TAQA for the benefit of the Multiplay Group, the Abu Dhabi Pension Fund, and a number of prominent investment companies.
«TAQA» shares closed with an increase of 14.6% at the level of 1.57 dirhams, after trading 9.75 billion shares with a value of 11.93 billion dirhams through 1367 transactions, topping the list of gainers and the most active shares in terms of values and volumes.
The Abu Dhabi market index "FADEX 15" reached the level of 9,970.67 points, while the Dubai General Market index reached the level of 3,431.04 points.
In the Abu Dhabi market, "Multiplay" rose by 2.85%, and "Abu Dhabi Islamic Bank" by 2.8%, and "International Holding" rose 0.25%, topping the list of the most active after attracting liquidity by about 337.59 million dirhams.
In the Dubai market, "Tabreed" shares rose 5%, "Aramex" 0.52%, and "Takaful House" 3.2%, while "Dubai Islamic" and "Tecom" closed unchanged.
The "Emaar Properties" share topped the activity after attracting about 105.2 million dirhams of liquidity, followed by "Dubai Islamic", attracting about 47.3 million dirhams, and then "Emirates NBD" 33.3 million dirhams.
In addition, the local stock markets witnessed the implementation of 789 large transactions, with a value of 71 billion and 280 million and 841 thousand dirhams since 2016.
According to data from the Abu Dhabi Securities Exchange and the Dubai Financial Market, large transactions have been executed from the beginning of 2016 until the present time on 18 billion and 859 million and 44 thousand shares.
The large deals were distributed as 528 deals on the Abu Dhabi Stock Exchange, worth 64.92 billion dirhams, executed on 14.23 billion shares, and about 261 deals in the Dubai Financial Market, worth 6.59 billion dirhams, executed on 4.62 billion shares.
The year 2021 accounted for the largest share of the total value of executed large deals, equivalent to 28.73 billion dirhams, about 4.91 billion shares through 311 deals, distributed as 199 deals in the Abu Dhabi market, worth 26.8 billion dirhams, and 112 deals in the Dubai market, worth 1.93 billion dirhams.
The deals executed since the beginning of this year amounted to about 42 deals worth 11.65 billion dirhams, on 2.42 billion shares, including 40 deals in the Abu Dhabi market, worth 11.57 billion dirhams, and two deals in the Dubai market, worth 80.19 million dirhams.
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