The Dubai Financial Market returned to record gains at the close of trading yesterday, with successive announcements of listed companies for strong profits and generous annual dividends for the year 2022.
The market capital of listed shares rose to 600.514 billion dirhams at the end of yesterday’s session, thus recording market gains estimated at 22.6 billion dirhams from 577.905 billion dirhams, which is the market value of the shares themselves at the end of last January’s transactions.
The market index rose, by the end of trading on Wednesday, by 0.13%, or the equivalent of 4.64 points, to close at the level of 3463.74 points.
The market attracted liquidity of regarding 354.61 million dirhams at the end of yesterday’s session, following executing 8,550 deals on 188.34 million shares.
Shares of 17 companies rose out of 34 companies whose shares were traded yesterday, while shares of 14 companies declined, and three companies remained unchanged.
The most traded stock was “Amlak Finance stock”, up to the maximum at 0.723 dirhams, with transactions exceeding 40 million shares.
For its part, the Abu Dhabi Financial Market index declined by 0.3% at 9909 points, with transactions amounting to 1.6 billion dirhams.
The shares of 22 companies rose out of 62 companies whose shares were traded, while the shares of 27 other companies declined, and 13 companies remained unchanged.
“Ishraq Investment” was the most heavily traded stock, rising by 0.4% at 0.50 dirhams, with transactions exceeding 63 million shares.
The Dubai market attracted liquidity of 354.61 million dirhams, following executing 8,550 transactions.
