2023-11-29 22:02:48
Three stocks acquired more than half of the liquidity of the Dubai Financial Market, namely “Emaar Properties”, “Dubai Refreshments” and “DEWA”, in yesterday’s session, with liquidity of approximately 186.4 million dirhams, or 49% of the total market liquidity of 381.9 million dirhams.
The Dubai Financial Market index consolidated yesterday, supported by real estate sector shares, which rose 0.82%, and the index closed at 3999.58 points, down 0.22%. The shares of “National International Holding” led the rise of 12 stocks in the market, and in the Dubai market, the shares of “Dubai Refreshments” rose 8.3%, “Ektitab Holding” 2.8%, “Emaar Properties” 1.2%, and “Dewa” 0.8%.
Non-Arab foreign investors tended to buy in the Dubai market with a net investment of more than 68 million dirhams in yesterday’s session, after achieving purchases worth 143.7 million dirhams, compared to sales of about 75.7 million dirhams.
On the other hand, the FTSE Abu Dhabi General Market Index “FADGI” rose 0.13%, to 9553.45 points, and the market witnessed a rise in the shares of “Food Holding” by 5.2%, “Umm Al Quwain General Investments” by 4.55%, and “Gulf Investment” by 3.45%, and “Abu Dhabi National Building Materials” 2.8%, and “Alpha Dhabi Holding” 2.5%.
The shares of “International Holding” received the largest share of Abu Dhabi market liquidity with more than 218.5 million dirhams, followed by “Alpha Dhabi Holding” with liquidity of 100.4 million dirhams, then “First Abu Dhabi” attracting 98.25 million dirhams, and rising 0.15%, to close at 13.58 dirhams. Yesterday, local liquidity approached 1.4 billion dirhams, distributed by 1.01 billion dirhams in the Abu Dhabi market, and 381.9 million dirhams in the Dubai market.
1701320215
#Dubai #market #index #consolidates #support #real #estate