Abu Dhabi market profits 19 billion dirhams and achieves the largest daily gains in 10 weeks

2023-10-17 22:05:06

The Abu Dhabi Securities Market strengthened its gains and its market capitalization gained about 19 billion dirhams, achieving the largest daily rise in nearly two and a half months, supported by the gains of the leading stocks in the “financial”, “communications” and “real estate” sectors.

The market capitalization of shares listed in Abu Dhabi and Dubai at the end of yesterday’s transactions amounted to about 3.526 trillion dirhams, distributed by 2.859 trillion dirhams for shares listed on the Abu Dhabi Securities Market, and 666.8 billion dirhams for shares listed on the Dubai Financial Market.

Local stocks attracted liquidity of more than 1.33 billion dirhams, distributed at 889.02 million dirhams in the Abu Dhabi market, and 441.8 million dirhams in the Dubai market, and about 392.3 million shares were traded through the implementation of 23.9 thousand transactions. The FTSE Abu Dhabi General Market Index, “Fadji”, closed with a gain of about 0.79% to the level of 9553.59 points, making the index achieve the largest pace of gains in one day since the eighth of last August, while the Dubai General Market Index reached the level of 3937.46 points. The performance of the Abu Dhabi market was enhanced by an increase in E& shares by 3.2%.

“International Holding” led the activity, attracting liquidity of about 226.8 million dirhams, and closed up by 0.02% at 400.6 dirhams.

In the Dubai market, “Emaar Properties” rose by 0.56% to close at 7.09 dirhams, topping the list of the most active in terms of values, with liquidity exceeding 98.4 million dirhams, followed by “Gulf Navigation” attracting more than 76.5 million dirhams, and closed stable without change at 7.09 dirhams.

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