Thursday, July 18, 2024

Emirates News Agency – Stocks gain 8.1 billion dirhams, and the Dubai market is posting its longest winning streak since last February.


ABU DHABI, June 7 / WAM / Local stock markets consolidated their gains at the end of the day’s trading and their market capitalization gained more than 8.1 billion dirhams, while the Dubai Financial Market succeeded in achieving the longest streak of daily gains from the past. February.
The market capitalization of listed stocks increased from 3.304 trillion dirhams at the end of yesterday’s session to 3.312 trillion dirhams at the end of today’s session, with 2.673 trillion dirhams distributed to listed stocks and 638.8 billion dirhams to shares on the Abu Dhabi Stock Exchange. Dubai Financial Market.
Local stocks attracted liquidity of about 1.54 billion dirhams, 971.6 million dirhams were distributed in the Abu Dhabi market and 576.7 million dirhams in the Dubai market, and about 453.7 million shares were traded by executing more than 27 thousand transactions.
Abu Dhabi Market.
The FTSE Abu Dhabi general market index, “Fadji”, rose 0.22%, or equivalent to 20.45 points, to end at 9377.43 points, and the Abu Dhabi market index, “Faddex 15”, increased by 0.27%, or equivalent. 24.7 points to close at 9211.92 points.
Abu Dhabi market performance was boosted by “Borouge” shares up 1.96%, “ADNOC Drilling” up 1.7%, “ADNOC Distribution” up 1.47%, “Al-Dar Properties” up 1.18%. Abu Dhabi Commercial” 1%, “Abu Dhabi Islamic” 0.99%, and “Verticlobe”. 0.94%, “A&” 0.71%, “Multiple” 0.65%, “Alpha Abu Dhabi” 0.57%, and “ADNOC Gas” 0.33%.
“Al-Alamiya Holding” topped the activity, attracting about 221.7 million dirhams in cash flow, followed by “Al-Afa Abu Dhabi” which attracted about 113.1 million dirhams, then “ADNOC Gas” 52.9 million dirhams, “Abu Dhabi Commercial” 52 million dirhams. , and “multiplay” 51.6 million dirhams.
– Dubai market..
The Dubai Financial Market general index rose 0.26% to 9.65 points, extending its ninth straight session of gains, to end at 3,687.63 points, its highest level since May 6, 2022, while the real estate sector index rose 1.06. %, industrial 0.3%, and consumer goods 0.63%.
Dubai market supported gains with “Emaar Properties” shares up 1.65%, “Emaar Development” up 0.55%, “Tecom” up 1.24%, “Emirates NBD” up 0.36%, “Dubai Financial Market” up 2.77%. Salik” 1%, and “Empower” 1.65%.
And “Education Holding” received the largest share of the trade, attracting more than 126.7 million dirhams in liquidity, followed by “Gulf Navigation” which attracted around 96.4 million dirhams, “Deva” which attracted 75.1 million dirhams and “Ajman Bank”. with 69.5 million dirhams.

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Ahmad Al Bodli / Rami Samih

Bill Dittman
Bill Dittman
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