2024-01-16 22:00:24
Local stock markets attracted regarding 2.99 billion dirhams during the previous two sessions (Monday and Tuesday), with their concentration in real estate, financial and banking stocks.
Liquidity was distributed at 2.48 billion dirhams on the Abu Dhabi Securities Market, and 509.94 million dirhams on the Dubai Financial Market, while 857.576 million shares were traded, through more than 64.48 thousand transactions.
The Abu Dhabi General Market Index – FADGI fell by 0.17% to the level of 9761.36 points at the end of yesterday’s session, following trading 309.88 million shares worth 1.29 billion dirhams through 17.9 thousand transactions.
At the end of yesterday’s trading, the “International Holding” stock was among the winning stocks and topped the list of the most active in the Abu Dhabi Securities Market, with a gain of 0.71%, with liquidity amounting to 215.6 million dirhams, reaching the level of 410.9 dirhams.
The Dubai Financial Market fell at the end of trading by 0.46%, closing at 4082.34 points following trading 135.79 million shares, worth 294.08 million dirhams, through 6.3 thousand transactions.
Financial markets analyst Mahmoud Atta expected that the stock market in the UAE will witness good performance in general during the first quarter of 2024, in light of the anticipation of major companies announcing annual business results and strong distributions, amid the country’s continued economic diversification and the revitalization of non-oil sectors such as real estate, tourism, artificial intelligence, and technology. in general.
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