Yesterday, local stock markets gained more than 2.68 billion dirhams in the first sessions of the week.
The market capitalization of listed shares rose from 3.306 trillion dirhams at the end of last Friday’s session to 3.309 trillion dirhams at the end of Monday’s session, with 2.673 trillion dirhams distributed to listed stocks on the Abu Dhabi Stock Exchange, and 635.966 billion dirhams. Shares listed on the Dubai Stock Exchange.
At the time, around 478.815 million shares were traded through 27.48 thousand contracts, local stocks attracted more than 1.639 billion dirhams in liquidity.
The Dubai Financial Market Index rose 1.37% to 3652.64 points, with liquidity of 735 million dirhams, while the Abu Dhabi Securities Market Index fell 0.32% to 97375.76 points, with liquidity value of 904 million dirhams.
In Dubai, the “Education” stock rose 7.8% after concluding a major direct deal with about 5.25 million shares at Dh3.27 per share, totaling Dh17.17 million.
National Bonds Corporation announced the acquisition of an additional 5% stake in Education Holding Group, bringing its ownership in the group to 22%.
In turn, Emirates NBD Bank added 0.7%, “Empower” added 4.5%, while “Deva” was the most traded stock, up 6.4% at 2.65 dirhams.
Emirates Argon Steel rose 0.7% on the Abu Dhabi Stock Exchange. “ADNOC Supply and Services” was the most traded stock with a turnover of nearly 19 million shares.
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