Emirates News Agency – Local stocks attract 1.4 billion dirhams of liquidity at the close of trading

ABU DHABI, 20th December, 2020 (WAM) — Local stock markets attracted liquidity that exceeded 1.4 billion dirhams at the end of the trading session at the beginning of the week, with its main concentration in real estate, financial and banking stocks.
The liquidity was distributed by 1.19 billion dirhams in the Abu Dhabi Securities Market and 206.9 million dirhams in the Dubai Financial Market, following trading on 305.5 million shares through the implementation of more than 15.5 thousand transactions.
The Dubai General Market Index rose by 0.24% to close at 3348.43 points, while the Abu Dhabi Market Index “Faddex 15” reached the level of 10366.87 points, and the FTSE Abu Dhabi General Market Index “Fadji” reached the level of 10343.07 points.
The rise of the Dubai market reinforced the rise of “Emirates NBD” by 0.38%, “Dewa” by 0.43%, “Empower” by 0.73%, “Tabreed” by 10.14%, and “Salik” by 0.4%, and the share of “Amanat Holding” rose by 0.83% with the announcement The company announced the merger of Sukoon International Holding with the Cambridge Center to establish the largest platform for medical care and rehabilitation in the region.
“Emaar Properties” topped the activity, attracting liquidity of more than 36.9 million dirhams, followed by “Empower” with regarding 28.8 million dirhams, then “Tabreed” with a liquidity of 22.59 million dirhams, followed by “Dubai Islamic” that attracted regarding 22.2 million dirhams.
In the Abu Dhabi market, “First Abu Dhabi” rose 0.58%, “Alef Abu Dhabi” 0.07%, “Borouge” 0.39%, “Vertiglobe” 0.68%, and “Bayanat” 0.98%, and “Alpha Abu Dhabi” led the activity, attracting regarding 222.2 million dirhams, followed by “Al-Alamiya Holding” with a liquidity of 219.3 million dirhams, then “Multiplay” with 98.7 million dirhams.

Mustafa Badr El Din / Ramy Samih

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