The start of the period for banning the transactions of insiders of the companies listed on the “Abu Dhabi Market”

Local stock liquidity exceeds 1.4 billion dirhams

The Dubai Financial Market index rose by 0.24%.

archival

The local stock markets attracted liquidity that exceeded 1.4 billion dirhams at the close of yesterday's trading session, with its focus mainly in real estate, financial and banking stocks.

The liquidity was distributed by 1.19 billion dirhams in the Abu Dhabi Stock Exchange and 206.9 million dirhams in the Dubai Financial Market, after trading on 305.5 million shares through the implementation of more than 15.5 thousand deals.

Dubai Financial

The Dubai General Market Index rose by 0.24% to close at the level of 3348.43 points, while the Abu Dhabi Market Index “Fadex 15” reached the level of 10366.87 points, and the FTSE Abu Dhabi General Market Index “Fadji” scored the level of 10343.07 points. The rise of the Dubai market reinforced the rise of «Emirates NBD » by 0.38%, “Dewa” by 0.43%, “Empower” by 0.73%, “Tabreed” by 10.14%, and “Salik” by 0.4%.

The share of “Amanat Holding” also rose by 0.83%, with the company announcing the merger of “Sukoon” International Holding with the “Cambridge” Center, thus establishing the largest platform for medical care and rehabilitation in the region.

The “Emaar Properties” share topped the activity, attracting more than 36.9 million dirhams of liquidity, followed by the “Empower” share with about 28.8 million dirhams, then the “Tabreed” share with a liquidity of 22.59 million dirhams, and then the “Dubai Islamic” share, attracting about 22.2 million dirhams.

Abu Dhabi market

In the Abu Dhabi market, shares of “First Abu Dhabi” rose 0.58%, “Alpha Abu Dhabi” 0.07%, “Borouge” 0.39%, “Vertiglobe” 0.68%, and “Bayanat” 0.98%.

The “Alpha Abu Dhabi” share topped the activity, attracting about 222.2 million dirhams, followed by the “Al-Alamiya Holding” share, with a liquidity of 219.3 million dirhams, then the “Multiplay” share, 98.7 million dirhams.

ban

On the other hand, the Abu Dhabi Securities Exchange announced that the period for banning the transactions of the insiders of the listed companies began, as of December 17.

The market stated, in a circular yesterday, that the ban period will continue until the listed companies fully disclose their annual financial statements for the year 2022.

He added that this decision will be circulated to all listed companies and all departments, authorized brokers and investors in the market.

special system

According to Article (No. 14) of the system for trading, clearing, settlement, transfer of ownership and safekeeping of securities of the decision of the Board of Directors of the Securities and Commodities Authority for the year 2001, the chairman and members of the board of directors of the company whose securities are listed in the market and its general manager or any of the employees who have access to material information are prohibited The company may deal by itself or for its account through third parties or in any other capacity for the account of others in the securities of the same company or the parent, subsidiary, sister or allied company of that company, if any of these companies are listed in the market, 15 days before the end of the quarterly financial period or semi-annual or annual until the financial statements are disclosed.

• "Dubai Market" rose with the support of "Emirates NBD", "Dewa", "Empower", "Tabreed" and "Salik".

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