The market value of the shares rises to 2.8 trillion dirhams in the second “Salik” sessions

The Dubai Financial Market index rose 0.7% to 3,339 points.

Ahmed Ardeti

The Dubai Financial Market recorded gains at the close of trading yesterday, amounting to about 1.5 billion dirhams during the Friday session, supported by the gains of the leading shares in the financial and real estate sectors, coinciding with the end of the second trading sessions of the “Salik” share.

The market capitalization of the shares listed in the two markets increased from 2.789 trillion dirhams, to 2.791 trillion dirhams, distributed by 2.217 trillion dirhams for shares listed on the Abu Dhabi Stock Exchange, and 574.079 billion dirhams for shares listed on the Dubai Financial Market.

In detail, the Dubai Financial Market index rose yesterday, by 0.7%, to the level of 3339 points, with large transactions, with a total value of 242 million dirhams, with the share of «Emaar Properties» increasing by 1.4% at 5.79 dirhams, and transactions of nearly 8 million shares, and the share of «Diyar» Development» increased by 0.7% at 0.453 dirhams, with trading of nearly 11 million shares.

Shares of "Union Properties" rose by 1.2% to 0.250 dirhams, with transactions exceeding 7 million shares.

And «Dubai Islamic» shares rose 0.3% to 5.98 dirhams, with trades exceeding 5 million shares.

The most traded stock was "Salik", on the second day of listing, and it closed at 2.20 dirhams, with transactions exceeding 35 million shares.

The Abu Dhabi Securities Exchange index fell at the end of trading yesterday, by 0.7%, at the level of 9,711 points, with transactions worth more than 1.2 billion dirhams, and the "First Abu Dhabi" share decreased by 2.6% at 17.86 dirhams, with transactions of nearly 4 million shares.

«TAQA» share was the most heavily traded stock, declining by 1.6% at 2.41 dirhams, with a turnover of more than 94 million shares.

The “Gulf Investment House” share closed on the first day of listing at 4.9 dirhams, amid trading of nearly 849,000 shares, after the company obtained the final approval as the first Kuwaiti company to list its shares on the Abu Dhabi Securities Exchange.

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