Dubai: Mohammed Abbas
The UAE stock market indices continued to rise at the beginning of Friday’s trading, the last session of the week, with the support of energy and real estate stocks, so that the Dubai market rose by 0.19% to 3,405.27 points, and the Abu Dhabi market index increased by 0.01% at the level of 10117.89 points.
The rise in Abu Dhabi was led by “Alpha Abu Dhabi” share, which rose 0.89%, and “energy” rose by 1.19%, and Hayat Insurance rose by 6.67% at the opening, and in the Dubai market, Emaar rose 1.13%, and “cooling” 1.47%.
The UAE markets regained its green path, Thursday, supported by purchases distributed over more than one stock sector, so that the Abu Dhabi market rose 0.6% to the level of 10115.96 points, while the Dubai market increased by 0.28% to 3398.52 points.
The shares of the company “Diyar” listed on the Dubai market attracted strong trading of 34.65 million dirhams, an increase of 5.4% to the level of 0.527 dirhams, at the close, knowing that the share started the session with a rise of 10%, to 0.55 dirhams, following announcing record profits and agreeing to a settlement 500 million dirhams in cash from Limitless.
“Dewa” rose 0.4% to the level of 2.5 dirhams, through liquidity of 25.65 million dirhams, and “Emirates NBD” rose 1.15% to the level of 13.1 dirhams, attracting 15.5 million dirhams of liquidity, and “Union Properties” rose 2.34% to reach the level of 0.262 dirhams, through liquidity near 12 million dirhams.
In the Abu Dhabi market, “International Holdings” traded 329.2 million dirhams, up 0.47% to the level of 388.8 dirhams, and “First Abu Dhabi” rose 138.17 million dirhams, up 0.22% to 17.84 dirhams.
“Abu Dhabi Aviation” continued to rise by 12.63%, closing at 7.4 dirhams, through a liquidity of regarding 18 million dirhams, and in turn, “ADNOC Distribution” rose 3.55% to 4.38 dirhams, on the impact of liquidity of 60 million dirhams.