Sunday, June 23, 2024

4 stocks account for half of the Dubai market’s liquidity


“Emaar Properties”, “Aramex”, “Gulf Navigation” and “Shuaa Capital” accounted for half of the total liquidity of the Dubai financial market in yesterday’s trade at a ratio of 48%. A cash flow of 353.4 million dirhams and “Emaar Properties” continued to lead. Market trading, with a cash flow of approximately 165.7 million dirhams, closed at 7.94 dirhams.

The Dubai Financial Market closed down 0.23% at 4,192.29 points, maintaining its market capitalization above Dh700.5 billion.

“Aramex” and “Shuaa Capital” were leading among 17 stocks in the Dubai market, and “Aramex” rose 11.8% and 4.3%, respectively, to hit a high of 2.53 during the session. Dirhams.

In the Dubai market, shares of “Gulf Navigation” rose 3.8%, “Union Cooperative” 2.5% and “Watania International” rose 1.6%.

“Business Dubai” gained 1%, “Ajman Bank” gained 0.9%, “Tabrid” gained 0.55% and “Emirates NBD” gained 0.55%.

Abu Dhabi Market

The FTSE Abu Dhabi general market index “Fudge” fell 0.15% to close at 9,823.84 points. The market saw shares of “Bank of Sharjah” as high as 14.9% and “Areed” rose 11%. , “Fujairah Building Industries” rose 10.5% and “Marine Dredgers 7.7%, and ADC Corporation rose 6.5%.

The share of “International Holding” received the largest share of Abu Dhabi market liquidity, more than 215 million dirhams, followed by “Alpha Dhabi Holding” with 104.9 million dirhams of liquidity, 19.8 dirhams.

Aqueous mass

At the end of yesterday’s session, local stocks attracted liquidity of about 1.77 billion dirhams, 1.04 billion dirhams were distributed in the Abu Dhabi market, and 737.7 million dirhams were distributed in the Dubai market, and about 566.76 million shares were traded with 25.4 thousand executions. transactions.

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Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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