Tuesday, July 19, 2022 – 4:49 PM
ABU DHABI, July 19 / WAM / The local stock markets continued their market gains for the fourth consecutive session at the conclusion of today’s trading, while investors are awaiting the release of the listed companies’ disclosures regarding their midterm results.
According to the monitoring of the Emirates News Agency “WAM”, the gains of local shares during 4 sessions amounted to regarding 37.3 billion dirhams, bringing the market value from 2.45 trillion dirhams at the end of last Wednesday’s session to 2.487 trillion dirhams at the end of today’s trading.
The shares added nearly 9 billion dirhams to its market capitalization during today’s session, compared to its market capitalization of 2.478 trillion dirhams at the end of yesterday’s session.
The FTSE Abu Dhabi General Market Index rose 0.55% to close at 9,249.71 points, supported mainly by the rise of leading shares in the banking, energy, real estate and communications sector, while the Dubai Financial Market index rose by 0.49%, reaching the level of 3,186.43 points, due to the rise in leading shares in the real estate and banking sector. .
The shares attracted a total liquidity of regarding 1.39 billion dirhams, distributed as 1.18 billion dirhams in the Abu Dhabi market, and 214.47 million dirhams in the Dubai Financial Market, following trading on more than 230.9 million shares, through the implementation of 13.4 thousand transactions.
The performance of the Abu Dhabi Securities Exchange was supported, with “First Abu Dhabi” increasing by 0.75% to 18.8 dirhams, “Abu Dhabi Commercial” by 2%, “Aldar Properties” by 0.44%, “ADNOC Drilling” by 2.08% and “ADNOC Distribution” by 0.71%, On the other hand, “International Holding” topped the activity, attracting liquidity of 331.2 million dirhams, to close at 284 dirhams.
While the performance of the rise of the Dubai Financial Market was enhanced by the rise of “Emirates NBD” by 1.22% to 12.45 dirhams, “Dewa” by 0.4% to 2.51 dirhams and “Tecom” by 1.3% to 2.33 dirhams, as well as “Emaar Properties” by 0.56 % to 5.34 dirhams, with a liquidity that exceeded 67 million dirhams, topping the activity list.
WAM/ Rami Samih/ Zakaria Mohieldin
