Tuesday, January 3, 2023 – 4:58 PM
ABU DHABI, January 3rd, 2020 (WAM) — The Abu Dhabi Securities Market consolidated its gains for the second consecutive session at the end of today’s trading, and its market capitalization amounted to approximately 18.7 billion dirhams, while the Dubai Financial Market closed flat.
According to the monitoring of the Emirates News Agency, WAM, the gains of the Abu Dhabi Securities Market rose to approximately 32.4 billion dirhams over the course of the Monday and Tuesday sessions, supported by purchasing operations targeting the leading stocks in the financial, utilities and real estate sectors.
The market capital of the shares listed in the Abu Dhabi and Dubai markets rose from 3.218 trillion dirhams at the end of yesterday’s session to 3.237 trillion dirhams today, distributed by 2.657 trillion dirhams for the shares listed on the Abu Dhabi Securities Market and 580.04 billion dirhams for the shares listed on the Dubai Financial Market.
Local stocks attracted liquidity of about 1.4 billion dirhams, distributed by 1.17 billion dirhams in the Abu Dhabi market and 197.4 million dirhams in the Dubai market, and about 295.8 million shares were traded through the implementation of more than 16.1 thousand deals.
The performance of the Abu Dhabi market was strengthened by the direction of buying for foreign investors, with a net investment of 59.2 million dirhams, after achieving purchases that exceeded 195 million dirhams, compared to sales of about 135.7 million dirhams.
In the Abu Dhabi market, “TAQA” shares increased by 3.4%, “Marine Dredging” 2.2%, “Vertiglobe” 1.92%, “ADNOC Distribution” 1.79%, “Abu Dhabi Ports” 1.72%, “Multiple” 1.45%, and “Barjeel” 1.3%. And “Yahsat” 1.2%, “Aldar Properties” 1.12%, “A&” 0.52%, and “First Abu Dhabi” 0.47%, while “Al-Alamiah Holding” activity attracted liquidity of about 227.2 million dirhams, followed by “Alpha Abu Dhabi Holding” attracting 192.6 million dirhams, then the “Multiplay Group” with a liquidity that exceeded 126.2 million dirhams.
In the Dubai market, “Emaar Properties” rose 0.67%, “Dewa” 0.44%, “Shuaa Capital” 0.5%, “Air Arabia” 1.38%, and “Tabreed” 0.33%, and “Emaar Properties” led the activity, attracting liquidity of more than 34.9 million. dirhams, followed by “Ajman Bank”, which attracted about 31.1 million dirhams, then “Emaar Development”, 25.7 million dirhams.
Reda Abdel Nour / Ramy Samih