Local stocks attracted more than 5.325 billion dirhams in inflows in the first three sessions of the week, most of which focused on key stocks in the banking and real estate sectors.
Liquidity was distributed by 1.725 billion dirhams, recorded by local stocks in yesterday’s session, 1.118 billion dirhams were distributed to the Abu Dhabi Stock Exchange, and 606.532 million dirhams were distributed to the Dubai Financial Market, an additional 1.77 billion dirhams. The day before yesterday, AED 1.239 billion was distributed to the Abu Dhabi Securities Market, AED 539.19 million was distributed to the Dubai Financial Market, and AED 1.83 billion and AED 1.52 billion were distributed at the close of business on Monday. Abu Dhabi Securities Market, and 301.2 million dirhams to the Dubai Financial Market.
And the Dubai Financial Market ended yesterday’s trading down 0.14% at 4045.64 points, out of 37 companies traded, 21 declined, 13 advanced and three remained unchanged.
Shares of “Union Coop” fell 8.07% to 2.62 dirhams, with around 6.85 million dirhams traded, after the company reported a 31% decline in its half-year profit. Shares of “Tecom” Group were down 1.9% at 2.58 dirhams.
Shares of “Salama” fell 2.06% to 0.713 dirhams in around 1.24 million dirhams traded, and “Union Properties” dropped 0.26% to 0.385 dirhams in approximately 10 transactions. million dirhams, and the share of “Emaar Properties” decreased by 0. 15% at the price of 6.81 dirhams.
On the other hand, Ajman Bank’s stock rose 0.46% to 2.17 dirhams after announcing the addition of new bonds as a result of subscription rights from the Dubai Financial Market, increasing its capital from 2.173 billion shares to 2.723 billion shares. Gulf Navigation shares rose 0.97% to Dh7.24, coinciding with the company’s announcement that its board of directors will discuss the latest developments in the capital increase procedure approved at its general assembly meeting tomorrow (August 18). And regular stuff Air Arabia »1.46%, 2.77 dirhams. Empower shares rose 1.06% to 1.9 dirhams.
The Abu Dhabi Securities Market closed the session down 0.27% at 9780.79 points, out of 67 companies, 50 declined, while 11 advanced and six remained flat.
Shares of “Q Holding” were down 1.1% at 3.62 dirhams, “Emirates Arkan Steel” was down 2.4% at 1.61 dirhams and “E & Etisalat” Group shares were down 1% at 21.1 dirhams earlier. Shares of “Alfa Abu Dhabi Holding” decreased by 1.98%, at a price of 19.8 dirhams, with transactions exceeding 103.8 million dirhams.
“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”
