41.5 billion dirhams, local stock gains in a week

Local shares achieved weekly gains of 41.5 billion dirhams, as a result of five sessions of mixed performance, which were settled yesterday at the end of the week session in favor of the upward path.

The general indices in the Abu Dhabi Securities Exchange and the Dubai Financial Market responded to attempts to take profits. The declines were minor in almost two sessions.

According to the data of the two markets, the market value of the companies listed in the two markets at the end of trading yesterday was two trillion and 823 billion dirhams, compared to two trillion and 781.5 billion dirhams at the end of the previous Friday session (September 30).

Despite the decline that witnessed about two sessions during the week, the general index of the Dubai market rose throughout the week, by 34 points, equivalent to 1% compared to the closing of the previous week.

The general index of the Abu Dhabi market achieved a weekly increase of 2%, adding 161 points in green.

During yesterday's session, the Dubai market index closed with an increase of 0.7% at the level of 3373 points, with transactions worth a total of 184 million dirhams.

Yesterday's session witnessed an increase in the shares of 16 companies out of the 32 companies whose shares were traded, while the shares of 13 companies declined, and three companies remained stable.

In the Abu Dhabi market, the general index ended trading, up by 0.2%, at the level of 9872 points, with trades exceeding a total value of one billion dirhams.

Out of 57 companies whose shares were traded, shares of 24 companies increased, while the shares of 24 companies declined, and nine companies remained unchanged.

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