Local financial markets rose at the end of Monday’s session, the first session of the week, following the sharp declines in the last period, amid market gains in the Dubai and Abu Dhabi markets, worth 14.99 billion dirhams.
Foreigners seized the opportunity to buy in the local money markets, while locals went to sell.
Abu Dhabi market
At the conclusion of today’s session, the Abu Dhabi market index rose above the level of 9200 points following the declines that it witnessed last week, to rise by 0.34% at the level of 9209 points.
The value of trading in the Abu Dhabi market is 1.27 billion dirhams, while the trading volume reached 189.22 million shares.
The performance of the market came with the increase of Global Holding by 0.21%, while the first Abu Dhabi stabilized, and the level of my words rose by 3.63%, and Borouge rose by 1.01%.
While Multiplay declined by 1.12%, Dana Gas declined by 3.04%, ADNOC Distribution decreased by 0.48%, and Abu Dhabi Ports rose by 3.82%.
Global Holding shares topped the shares in terms of trading value with a value of 321.96 million dirhams, while Multiplay topped the active shares in terms of trading volumes with regarding 49.87 million shares.
ASG Group shares led the Abu Dhabi market’s gains by 5.03%, while Ras Al Khaimah Cement led the market with 8.5% declines.
The market value of the Abu Dhabi market was regarding 1.9558 trillion dirhams, compared to 1.9434 trillion dirhams, to gain 12.4 billion dirhams.
And foreigners tended to buy in the Abu Dhabi market, with a net of 160.7 million dirhams, as well as Gulf buyers, with a net of 12.92 million dirhams, while both Arabs and Emiratis sold a net of 16.59 million dirhams and 157.03 million dirhams, respectively.
Dubai market
The Dubai Financial Market index rose 0.48% at the level of 3,217 points, with the rise of 18 shares.
The value of trading in the Dubai market reached 143.86 million dirhams, with a trading volume of 58.46 million shares.
Emaar shares topped the shares in terms of trading value through 38.49 million dirhams, and Union Properties shares issued shares in terms of trading volumes through 12.97 million shares.
The performance of the market came in conjunction with the increase in the banking sector index by 0.49%, while the real estate sector rose by 0.4%, while the investment sector index rose by 0.59%.
With regard to real estate shares in the Dubai market, Emaar Properties rose by 0.38%, Emaar Development decreased by 0.92%, Union Properties rose by 1.81%, and Deyaar Development rose by 3.5%.
The performance of the banking sector coincided with the decline of Dubai Islamic by 1.39%, while Emirates NBD rose by 2.69%.
The performance of the market coincided with the decline of the Dubai market share by 0.58%, while the share of DEWA rose by 0.39%.
The Emirates Refreshments share led the rising shares in the Dubai market by 14.94%, while the Takaful Emirates share led the decliners by 6.3%.
The market value of the Dubai market reached 527.966 billion dirhams, compared to a value of 525.368 billion dirhams at the end of the last session, to gain 2.6 billion dirhams.
Foreigners tended to buy in the Dubai market with a net of 1.22 million dirhams, as well as Arabs and Gulf Arabs bought 1.75 million dirhams and 16.41 million dirhams, respectively, while Emiratis sold a net 19.38 million dirhams.
