2023-08-08 12:54:04
Tuesday, August 8, 2023 – 4:53 PM
ABU DHABI, 8th August / WAM / The Abu Dhabi Securities Market consolidated its gains at the end of the day’s trading, and its market capitalization gained approximately 45 billion dirhams, supported by the gains of the leading stocks, to continue its rise for the second consecutive session, while the Dubai Financial Market closed almost stable.
The market capitalization of the shares listed in the two markets rose from 3.532 trillion dirhams at the end of yesterday to 3.576 trillion dirhams, distributed by 2.888 trillion dirhams for the shares listed on the Abu Dhabi Securities Market and 688.08 billion dirhams for the shares listed on the Dubai Financial Market.
Local stocks attracted more than 1.96 billion dirhams of liquidity, distributed by 1.47 billion dirhams in the Abu Dhabi market and 491.7 million dirhams in the Dubai market, and regarding 721.2 million shares were traded through the implementation of more than 32.9 thousand deals.
Abu Dhabi market.
The Abu Dhabi market indices rose to their highest levels in 5 months, with the Abu Dhabi market index “FADEX 15” increasing by 1.96%, or the equivalent of 187.3 points, to close at 9735.42 points, while the FTSE Abu Dhabi General Market index, “Fadji”, increased by 1.68%, equivalent to 165.6 points, to close at 9989.84 points.
The performance of the Abu Dhabi market was strengthened by the rise in the share of “Al-Alamiah Holding” by 3.02%, “Al-Fadha” by 5.21%, “Abu Dhabi Commercial” by 2.57%, “A&” by 1.09%, “ADNOC Gas” by 0.87%, “Abu Dhabi Islamic” by 0.73%, and “Abu Dhabi Islamic” by 0.73%. Taqa 0.6%, and First Abu Dhabi 0.28%.
“Al-Alamiya Holding” topped the activity, attracting liquidity of regarding 262.2 million dirhams and closing at 410 dirhams, followed by “Q Holding” that attracted 209.7 million dirhams and closed at 3.28 dirhams, then “Al-Faza” with regarding 123 million dirhams and reached the level of 21 dirhams.
Non-Arab foreigners tended to buy in the Abu Dhabi market, achieving a net investment of regarding 16.5 million dirhams, following making purchases worth 274.2 million dirhams, compared to sales of regarding 257.6 million dirhams. Gulf and Arab investors also tended to buy with a net investment of 17.2 million dirhams and 4.8 million dirhams, respectively.
– Dubai market..
The general index of the Dubai Financial Market closed almost stable at 4077.73 points, amid divergence in the performance of the sectoral indices, as real estate, communications and industry rose.
And “Emaar Properties” acquired the largest share of trading with a liquidity that exceeded 67.6 million dirhams and closed at 7.04 dirhams, followed by “Deyaar” that attracted more than 54 million dirhams to reach 0.75 dirhams, then “Gulf Navigation” with regarding 51.3 million dirhams and closed at 7.19 dirhams.
Among the winning shares in the Dubai market today were “Dewa” 0.38%, “Emaar Development” 0.62%, “Tecom” 0.78%, “Air Arabia” 1.49%, “Aramex” 3.52%, “Shuaa Capital” 4.2%, and “Du”. 0.56%.
Reda Abdel Nour / Ramy Samih
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