Supported by gains in leading stocks in banking, real estate and investment

3.5 billion dirhams, “Dubai Financial” gains in the second session of the week

Dubai general market index rose 24 points.

Photography: Ahmed Ardeti

The Dubai Financial Market recorded profits of more than 3.5 billion dirhams at the close of trading yesterday, supported by the gains of some leading shares in the banking, real estate, transport and investment sectors, while the Abu Dhabi Stock Exchange closed at the level of 9696.47 points.

The market capital of the listed shares reached 2.768 trillion dirhams, distributed as 2.206 trillion dirhams for the shares listed on the Abu Dhabi market and 562.06 billion dirhams for the shares listed in the "Dubai Financial".

The Dubai General Market index rose by 0.71%, or 24 points, to close at 3373.04 points, with the banking sector index rising by 1.98%, investment by 0.57%, and transportation by 1.59%.

For its part, the Abu Dhabi market index "FADEX 15" closed at 9,696.47 points, while the FTSE Abu Dhabi General Market index "Fadji" reached 9,733.43 points.

Local shares attracted more than 1.71 billion dirhams in liquidity, distributed by 1.4 billion dirhams in the Abu Dhabi market and 311.4 million dirhams in the Dubai market.

About 296.8 million shares were traded through executing about 19.2 thousand transactions.

And it rose in the Abu Dhabi market, “First Abu Dhabi” by 0.11%, “Borouge” 0.69%, “Dana Gas” 0.99%, “Abu Dhabi Ship Building” 1.3% and “Marine Dredging” 1.52%, while “International Holdings” issued the activity attracting liquidity. By 303.3 million dirhams, to close at 356.9 dirhams.

As for the Dubai Financial Market, “Emirates NBD” rose by 5.2%, “Dubai Investments” 0.85%, “Tecom” 0.85%, “Air Arabia” 1.98%, and “Amlak Finance” 1.9%, and “Emaar Properties” topped the activity. Attracting about 143.6 million dirhams, followed by "Emirates NBD" with about 61.4 million dirhams.

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