2023-10-11 12:07:17
Ahmed Al-Demerdash – live: UAE financial market indices rose at the end of trading on Wednesday, amid escalating unrest and geopolitical uncertainty in the Middle East region.
According to UAE financial market data, the Dubai Financial Market’s gains amounted to 7.081 billion dirhams, while the Abu Dhabi Securities Market gained 14 billion dirhams, with a total gain of 21.082 billion dirhams.
At the end of today’s trading, the Dubai and Abu Dhabi stock exchanges attracted liquidity amounting to 1.46 billion dirhams, distributed over 24.64 thousand transactions.
The Dubai Financial Market index rose by 0.768 percent to the level of 4082 points, amid transactions of 125.135 million shares worth 325.235 million dirhams.
This came amid a rise in the shares of Emirates NBD Bank by 2.31 percent, Dewa by 2.41 percent, Emaar Properties by 1.83 percent, Emaar Development by 1.29 percent, and Amanat Holding Company by 4.41 percent.
The market value of Dubai shares reached 686.460 billion dirhams at the close of trading today, compared to 679.379 billion dirhams at the close of trading on Tuesday, with gains amounting to 7.081 billion dirhams.
The Abu Dhabi Securities Market index also rose by 0.353 percent to the level of 9647 points, amid transactions of 187.091 million shares worth 1.135 billion dirhams.
This came amid a rise in Aldar Properties shares by 2.46 percent, Alpha Dhabi Company by 1.54 percent, and Abu Dhabi National Oil Distribution Company by 3.48 percent.
The market value of Abu Dhabi shares reached 2.696 trillion dirhams at the close of trading today, compared to 2.682 trillion dirhams at the close of trading on Tuesday, with gains amounting to 14 billion dirhams.
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