The liquidity of the local stock markets exceeds 1.84 billion dirhams

2023-08-31 21:04:50

Hossam Abdel Nabi (Abu Dhabi)

The trading of local stock markets was active yesterday, especially the Abu Dhabi Securities Exchange, which witnessed transactions worth 1.31 billion dirhams, so that the markets attracted a total liquidity of 1.84 billion dirhams, including 524 million dirhams in the Dubai Financial Market.
Despite the decline in the market value of shares listed on the Abu Dhabi market by regarding 96.5 billion dirhams to 2.739 trillion dirhams, the market index recorded a good increase, gaining 66 points, and rising by 0.67% to 9810 points.

Abu Dhabi market
According to the data of the Abu Dhabi Securities Exchange, the Abu Dhabi Securities Market index closed at a good increase at the close of trading by 0.67%, gaining regarding 66 points and closing at the level of 9810.21 points, in light of significant activity in trading at a value of 1.317 billion dirhams, which included more than 238.19 million shares. Through 13089 transactions. The shares of 29 companies out of the 69 companies whose shares were traded rose, the shares of 29 companies declined, and the shares of 11 companies remained unchanged. The “International Holding” share topped the list of the most active in terms of value by regarding 223.61 million dirhams, followed by “Multiplay” with a value of 133.82 million dirhams, then “Alpha Abu Dhabi Holding” with a value of 129.3 million dirhams, and the share of “First Abu Dhabi Bank” came fourth, with a turnover of 106.62 million dirhams. Then «Burouj» with a turnover of 96.58 million dirhams. “Multiplay” stock came at the top of the most active in terms of trading volume with 35 million shares traded, followed by “Dana Gas” with 34.96 million shares traded, then “Q Holding” with 16.24 million shares, and “Americana Restaurants” came in fourth place with 13.2 million shares traded. Then “Burouj”, with a circulation of 11.79 million shares.
And the rise of the general index of the market was supported by the rise of a number of active stocks, the most important of which were “International Holding” by 2.1%, to close at a price of 409 dirhams, “Q Holding” by 1.64%, at a price of 3.71 dirhams, and “Alfa Abu Dhabi” by 0.9%, to close at a price of 20.1. dirhams, while the decline in the market value came due to the decline in the shares of “First Abu Dhabi Bank” by 1.44%, to record 13.68 dirhams, as well as “Dana Gas” by 1.28% to 0.924 dirhams, and “Etisalat from I&E” by 0.5%, to close at 19.84 dirhams. .

Dubai market
The total trading value in the Dubai Financial Market amounted to 524.73 million dirhams, following 163.02 million shares were dealt with, through the implementation of 6444 transactions. The general index of the market closed with a relative increase of 15.6 points, to reach 4082.87 points, as a result of the decline in the shares of 20 companies, compared to the increase in the shares of 16 companies and the stability of the shares of two companies. The activity list was topped by “Emaar Properties” with a turnover of 121.2 million dirhams, followed by “Emirates NBD” with a value of 102.4 million dirhams, then “Gulf Navigation Holding” with a value of 59.34 million dirhams. While “Union Properties” came at the forefront of the active stocks in terms of trading volume by regarding 26.99 million shares, followed by “Emaar Properties” with a trading of 17.18 million shares, then “Ajman Bank” with a trading of 16 million shares.
“Tabreed” achieved the highest increase in the price, amounting to 5.14%, to close at 3.68 dirhams, followed by “Amanat” by 3.84%, to close at 1.08 dirhams, then “Ithmaar Holding” by 3.11%, to 0.265 dirhams, and “Gulf Navigation Holding” came fourth. By an increase of 1.99%, to close at a price of 7.17 dirhams.
And the rise in the index was supported by the rise in the share of «Emaar Properties» by 0.14%, to close at a price of 7.06 dirhams.
On the other hand, some active stocks fell, including Emirates NBD, by 1.2%, to 16.35 dirhams, and Dubai Islamic Bank, by 0.7%, at 5.64 dirhams.

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