Emirates News Agency – AED 4.5 billion gains in UAE financial markets as the week begins

ABU DHABI, April 11th, 2019 (WAM) – The UAE financial markets began their dealings on the first day of the week on a high note, continuing to consolidate the gains made in the previous week, amid the continued flow of liquidity to the trading halls.

While the value of the concluded deals in the markets reached 970 million dirhams, the market value of the shares of listed companies reached about 4.5 billion dirhams during today’s session.

The general index of the Abu Dhabi Securities Market rose by 0.18%, closing at 6070 points, at a new record level, while the general index of the Dubai Financial Market closed at 2593 points, a growth of 0.40% compared to last Thursday’s session.

Emaar’s shares, which rose to 3.73 dirhams, led the activity in the Dubai Financial Market amid anticipation of the results of the general assembly meeting, and the value of the deals concluded on the share exceeded 57 million dirhams. Also, Emaar Development rose to the level of 2.53 dirhams, and Emaar Malls rose to 1.79 dirhams and Damac’s share to 1.22 dirhams.

In the capital market, the shares of First Abu Dhabi Bank rose to 14.40 dirhams, and the value of the deals concluded on the share reached 213 million dirhams, and the share of Wataniya rose to one dirham, while the share of the International Holding Company closed 87.2 dirhams.

The session witnessed trading of about 255 million shares executed through 3305 deals.

WAM / Nasser Aref / Zakaria Mohiuddin

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