UAE stocks decline at the opening due to pressure from major stocks

The UAE financial markets started today’s trading session with a decline under the pressure of major stocks, following the strong rises witnessed yesterday, so that the Abu Dhabi market was able to consolidate near 9150 points in conjunction with the decline in international oil prices.

The Abu Dhabi market index fell by 0.37% at the level of 9,142 points.

The value of trading in the Abu Dhabi Securities Exchange was regarding 190.13 million dirhams, with a volume of 18.36 million shares.

This came with Global Holding declining by 0.07%, while First Abu Dhabi declined by 0.75%, and ADNOC Distribution rose by 0.24%.

While Abu Dhabi Ports declined by 0.56%, the Multiplay Group rose by 1.14%, ADNOC Drilling declined by 1.49%, and Aldar Properties decreased by 0.88%.

Global Holding issues shares by value by 86.1 million dirhams, followed by First Abu Dhabi by 24.21 million dirhams, while Aram issues active shares in terms of volume through 3.7 million shares.

At the level of the Dubai Financial Market, the Dubai Financial Market index decreased by 0.31% at the level of 3144 points.

The performance of the market coincided with the decline in the share of Emaar Properties by 0.96%, while the share of the Dubai market fell by 1.23%, while the share of Dubai Islamic fell by regarding 0.54%.

Aramex rose by 0.54%, and Union Properties fell by 1.29%, while Dewa rose by 0.39% and Emaar Development fell by 1.2%.

In the meantime, 4 shares rose in the Dubai market, 11 shares fell, and 3 shares stabilized.

The value of trading in the market reached regarding 7.27 million dirhams through 2.75 million shares.

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