Local stock markets attract 1.7 billion dirhams of liquidity

The liquidity traded in the local stock markets increased at the end of yesterday's trading, by 25.5% to 1.77 billion dirhams, from the level of 1.41 billion dirhams at the end of last Thursday's trading.

Liquidity was distributed by 1.5 billion dirhams on the Abu Dhabi Stock Exchange, and 267.99 million dirhams on the Dubai Financial Market, after 335.28 million shares were traded through more than 20.81 thousand deals.

The Dubai market index fell by 0.84% ​​to 3,329.19 points, while the Abu Dhabi market index, “Fadex 15”, decreased by 2.68%, to 9,661.21 points.

The CEO of the Middle East and North Africa region at BD Suisse, Daniel Taqi El-Din, said that the stock markets were affected by local and international earnings reports, expecting them to rise with companies announcing strong profits. 

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