Large deals raise the liquidity of local stocks to 31.2 billion dirhams
Dubai General Market index reached the level of 3314.44 points.
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The local stock markets attracted record liquidity at the close of trading yesterday, amounting to 31.2 billion dirhams, after executing large deals on the shares of “Alpha Abu Dhabi Holding”, “Multiple Play” group and “Al Seer Marine Equipment and Supplies” on the Abu Dhabi Securities Exchange.
Market liquidity was distributed by 31 billion dirhams in the Abu Dhabi market and 277.7 million dirhams in the Dubai Financial Market, after trading about 1.98 billion shares through the implementation of more than 17,435 thousand transactions.
According to Abu Dhabi market data, the "Alpha Abu Dhabi" share witnessed the implementation of 11 large deals for one billion shares, representing 10% of the company's shares, at a value of 26.5 billion dirhams.
The “Multiple Play” group also witnessed the implementation of six large deals of 560 million shares, representing 5% of the company’s shares, at a value of 2.8 billion dirhams, while a deal was executed on the share of “Al Seer Marine Equipment and Supplies” at a value of 475 million dirhams.
The Abu Dhabi market index, "Vadex 15", closed at the level of 10237.2 points, while the FTSE Abu Dhabi General Market index "Fadji" reached the level of 10273.7 points, while the Dubai General Market index reached the level of 3314.44 points.
In the Abu Dhabi market, “Yahsat” shares rose 1.85%, “Abu Dhabi Commercial” 1.22%, “Dana Gas” 1.11%, “Alpha Abu Dhabi” 0.82%, and “Al-Alamiah Holding” 0.24%.
“TAQA” rose by 0.27%, after the company announced yesterday that it had completed a strategic agreement with “Mubadala” and “ADNOC” to acquire shares in “Masdar”.
In the Dubai market, “Dubai Investments” rose 0.45%, “Salik” 0.86%, “Tecom” 0.43%, and “Amanat Holdings” 0.35%. “Emaar Properties” led the activity, attracting liquidity of more than 86.4 million dirhams, followed by “Ajman Bank.” at a value of 55.8 million dirhams.
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