2024-02-21 00:00:00
The Dubai Financial Market consolidated its gains from the beginning of this month’s trading until the end of yesterday’s trading, rising for the eighth session in a row. The gains of the Dubai market over the course of eight sessions reached regarding 22.3 billion dirhams, bringing the market capitalization from 708.5 billion dirhams, in the session of the eighth of last February, to 730.8 billion dirhams at the end of yesterday’s trading, supported by gains in banking and utility shares, with traders focusing on seizing opportunities. Investment Coinciding with the successive announcement of more annual business results and cash distribution plans. While the capitalization of the Abu Dhabi market reached 2.87 trillion dirhams.
The general index of the Dubai Financial Market rose from the beginning of this month until the end of yesterday’s session, that is, during approximately 14 trading sessions, by 2.59%, or the equivalent of more than 108.28 points, to close at 4277.36 points, remaining high at the highest level since November 2014, compared to its levels at the end of the month. Last at 4169.08 points. The Abu Dhabi market index, “Fadex 15,” closed at the end of yesterday’s session at 9,400.28 points. Local stocks attracted liquidity of regarding 1.36 billion dirhams, and regarding 568.3 million shares were traded, through the implementation of more than 21.49 thousand transactions. “Emaar Properties” topped the most active stocks in the Dubai market, attracting liquidity of regarding 73.18 million dirhams, and closed stable at 8.2 dirhams.
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