Emirates News Agency – Local stocks add 39 billion dirhams to their market capital at the beginning of the week

2023-04-17 15:45:02

ABU DHABI, 17th April, 2020 (WAM) — Local stock markets added more than 39.3 billion dirhams to their market capital at the beginning of the week, supported by purchasing operations on blue-chip stocks, with the marathon of companies’ disclosures of their mid-term results for the first quarter of this year.
The market value of the markets was enhanced by the listing of “MBME” shares as the first financial technology company to be listed on the “Nomu” platform on the Abu Dhabi Securities Exchange, as the market capitalization of the share at the end of today’s session reached regarding 30.75 billion dirhams.
The market capital of listed shares rose from 3.329 trillion dirhams at the end of last Friday’s session to 3.368 trillion dirhams at the end of today’s session, distributed by 2.752 trillion dirhams for shares listed on the Abu Dhabi Stock Exchange and 616.3 billion dirhams for shares listed on the Dubai Financial Market.
Local stocks attracted liquidity of regarding 1.56 billion dirhams, distributed by 1.18 billion dirhams in the Abu Dhabi market and 376.4 million dirhams in the Dubai market, and regarding 466.1 million shares were traded through the implementation of more than 19.9 thousand deals.
Abu Dhabi market.
The FTSE Abu Dhabi Market Index, “Fadji”, increased by 0.24%, or the equivalent of 22.9 points, to close at 9,645.97 points, while the Abu Dhabi Market Index, “Fadex 15”, increased by 0.27%, or the equivalent of 25.6 points, to close at 9,514.43 points.
The performance of the Abu Dhabi market was enhanced by an increase in the shares of “Alfa Abu Dhabi Holding” by 4.03%, “Multiple” by 2.3%, “Al-Dar Properties” by 1.74%, “First Abu Dhabi” by 1.66%, “A&” by 1.36%, and “ADNOC Drilling” by 1.33%.
And “Al-Alamiya Holding” acquired the largest share of trading with a liquidity of regarding 267.7 million dirhams, followed by “Alfa Abu Dhabi” that attracted regarding 126.1 million dirhams, then “Virtiglobe” and “Aldar Properties” with a liquidity of 97.1 million dirhams and 88.3 million dirhams, respectively.
– Dubai market..
The general index of the Dubai Financial Market increased by 0.63%, or the equivalent of 22 points, to close flat at the level of 3513.89 points, with the shares of “Emaar Properties” rising by 2.16%, “Emaar Development” by 2.05%, “Dubai Islamic” by 0.37%, and “Emirates NBD”. 0.77%, DEWA 0.4%, Dubai Financial Market 5.55%, and Aramex 0.61%.
“Emaar Properties” topped the activity, attracting liquidity of regarding 83.4 million dirhams, followed by “Dubai Financial Market” that attracted regarding 76.9 million dirhams, then “Ajman Bank” that attracted more than 35.6 million dirhams, and “Dubai Islamic” 30.9 million dirhams.

Reda Abdel Nour / Ramy Samih

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