Abu Dhabi (WAM)
Local stock markets consolidated their gains for the sixth consecutive session at the close of yesterday’s session.
The market gains of the listed shares exceeded 32.3 billion dirhams, with the market capital increasing from 2.508 trillion dirhams at the end of the Wednesday session, to 2.541 trillion dirhams by the end of yesterday, distributed by 1.991 trillion dirhams for the Abu Dhabi Stock Exchange and 549.74 billion dirhams for the Dubai Financial Market.
By the end of trading yesterday, the local markets had raised their market gains to more than 91 billion dirhams, within the past six sessions, compared to regarding 2.45 trillion dirhams in the session of last July 13.
The FTSE Abu Dhabi General Market Index rose 2.28%, which is the largest pace of daily gains since last May 30, equivalent to a month and a half, to close at 9589.01 points, while the Dubai Financial Market index rose by 1.38%, recording the largest rise in one day since July 7 last, to reach the level of 3,256.07 points.
