2023-08-16 22:05:36
Local stocks attracted more than 5.325 billion dirhams of liquidity during the first three sessions of this week, most of which concentrated on major stocks in the banking and real estate sectors.
The liquidity was distributed by 1.725 billion dirhams, recorded by local stocks in yesterday’s session, distributed by 1.118 billion dirhams for the Abu Dhabi Stock Exchange, and 606.532 million dirhams in the Dubai Financial Market, in addition to 1.77 billion dirhams at the close of trading the day before yesterday, distributed by 1. 239 billion dirhams for the Abu Dhabi Securities Market, and 539.19 million dirhams for the Dubai Financial Market, in addition to 1.83 billion dirhams at the close of trading last Monday, distributed by 1.52 billion dirhams for the Abu Dhabi Securities Market, and 301.2 million dirhams for the Dubai Financial Market.
And the Dubai Financial Market closed at the end of yesterday’s trading, down by 0.14% at the level of 4045.64 points, with the decline in shares of 21 companies out of 37 companies whose shares were traded, while the shares of 13 companies rose, and the shares of three companies remained unchanged.
The share of “Union Coop” decreased by 8.07%, at a price of 2.62 dirhams, with transactions of regarding 6.85 million dirhams, following the company announced a decline in its semi-annual profits by 31%. The share of the “Tecom” group declined by 1.9%, at a price of 2.58 dirhams.
“Salama” share declined by 2.06%, at a price of 0.713 dirhams, in transactions of regarding 1.24 million dirhams, and the share of “Union Properties” company decreased by 0.26%, at a price of 0.385 dirhams, in transactions of approximately 10.72 million dirhams, and the share of “Emaar Properties” decreased by 0. 15% at the price of 6.81 dirhams.
On the other hand, the share of Ajman Bank rose by 0.46% to reach 2.17 dirhams, coinciding with the Dubai Financial Market’s announcement of adding new securities resulting from the subscription rights, bringing its capital to 2.173 billion shares, to 2.723 billion shares. Gulf Navigation shares rose 0.97% to 7.24 dirhams, coinciding with the company’s announcement that its board of directors will discuss the latest developments in the capital increase procedure approved at the General Assembly meeting during its meeting tomorrow (August 18), in addition to discussing operational and routine matters. Air Arabia »by 1.46%, amounting to 2.77 dirhams. Empower’s share rose by 1.06%, amounting to 1.9 dirhams.
The Abu Dhabi Securities Market closed the transactions, down by 0.27% at the level of 9780.79 points, with the decline in the shares of 50 companies out of the 67 companies whose shares were traded, while the shares of 11 companies rose, and six companies remained stable.
The share of “Q Holding” decreased by 1.1% at the price of 3.62 dirhams, and the share of “Emirates Arkan Steel” decreased by 2.4% at the price of 1.61 dirhams, and the share of the “E & Etisalat” group, previously, decreased by 1% at the price of 21.1 dirhams. The share of «Alpha Abu Dhabi Holding» decreased by 1.98%, at a price of 19.8 dirhams, with transactions exceeding 103.8 million dirhams.
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