Monday, June 17, 2024

Abu Dhabi market gains 19 billion dirhams and hits biggest daily gain in 10 weeks


The Abu Dhabi Securities Market strengthened its gains and its market capitalization gained about 19 billion dirhams, the biggest daily rise in almost two-and-a-half months, supported by gains in leading stocks in “Finance”, “Communications” and “Technology” and “Industrial Relations”. Real Estate” sectors.

At the end of yesterday’s transactions, the market capitalization of Abu Dhabi and Dubai-listed stocks was about 3.526 trillion dirhams, 2.859 trillion dirhams for stocks listed on the Abu Dhabi Securities Market and 666.8 billion dirhams for stocks listed on Dubai Financial. market.

Local stocks attracted more than 1.33 billion dirhams in liquidity, 889.02 million dirhams were distributed in the Abu Dhabi market and 441.8 million dirhams in the Dubai market, and about 392.3 million shares were traded by executing 23.9 thousand transactions. The FTSE Abu Dhabi General Market Index, “Fadji”, ended with a gain of about 0.79% to 9553.59 points, making the index its biggest one-day gain since last August eighth, while the Dubai General Market Index reached 3937.46 points. The Abu Dhabi market’s performance was boosted by E& shares rising 3.2%.

“International Holding” led the action, attracting liquidity of around 226.8 million dirhams, and closed up 0.02% to 400.6 dirhams.

In the Dubai market, “Emaar Properties” rose 0.56% to close at 7.09 dirhams, topping the most active list in terms of values, with liquidity exceeding 98.4 million dirhams, followed by “Gulf Navigation” which attracted 76.5 million dirhams. , and closed unchanged at 7.09 dirhams.

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

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