3 billion dirhams of stock liquidity at the beginning of the week's trading

Dubai Financial Market index reached the level of 3474 points.

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The liquidity of the local stock markets recorded about three billion dirhams at the close of trading yesterday, after executing two major deals on the shares of "ADNOC Drilling" and "Vertiglobe", with a value of 486.2 million dirhams.

Liquidity was distributed at 2.65 billion dirhams in the Abu Dhabi Stock Exchange, and 277.05 million dirhams in the Dubai Financial Market, after trading on 784.9 million shares, through the implementation of more than 22.2 thousand transactions.

The performance of the local financial markets declined at the conclusion of yesterday's session, at the beginning of the week's sessions, with traders waiting for the emergence of more incentives that push them to increase their positions in stocks.

According to Abu Dhabi market data, two large transactions were executed: the first on "Vertiglobe", worth 371.3 million dirhams, for 65.15 million shares, and the second on "ADNOC Drilling", with a value of 114.8 million dirhams, for 31.4 million shares.

The Abu Dhabi market index "FADEX 15" reached the level of 10,086.37 points, while the Dubai General Market index reached the level of 3,474 points.

The share of «TAQA» continued its gains in the Abu Dhabi market, after rising by 7.45%, topping the list of activities after attracting liquidity by about 542.2 million dirhams, followed by «International Holding» with gains of 0.11%, topping the list of activities with a liquidity of nearly 367.9 million dirhams. Multiplay” by 1.61%, with a liquidity of 329.5 million dirhams.

In the Dubai Financial Market, the shares of banks rose with the growth of "Dubai Islamic" by 0.66%, and "Emirates NBD" by about 0.38%, and "Emaar Properties" topped the activity, attracting about 106.4 million dirhams.

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