The UAE stock markets opened today’s session in contrast, with the Abu Dhabi market declining following recording yesterday a new record high above 10,000 points, while the Dubai Financial Market rose with the support of major stocks amid a momentum of liquidity amounting to 222.42 million dirhams, in conjunction with the continued rise in international oil prices, and amid anticipation The evolution of geopolitical events and the conflict between Russia and Ukraine.
By 10:1 am of today’s session, the Abu Dhabi market index declined by 0.4% at the level of 10,030 points.
The value of trading in the Abu Dhabi Stock Exchange was regarding 202.52 million dirhams, with a volume of 34.58 million shares.
This came with the decline of First Abu Dhabi by 0.17%, and Aldar Properties settled at 4.91 dirhams, while Global Holding decreased by 0.16%.
ADNOC Distribution declined by 0.49%, Multiplay decreased by 0.6%, and Eshraq rose by 2.05%.
Global Holding topped the shares in terms of trading value by 58.11 million dirhams, followed by First Abu Dhabi by 40.13 million dirhams.
At the level of the Dubai Financial Market, the Dubai Financial Market index rose by 0.27% at the level of 3531 points.
The subscription for the shares of the Dubai Electricity and Water Authority (DEWA) ends today, Tuesday, April 5, with the end of the subscription period for the second tranche, which are the qualified investors (institutions), as the first initial public offering among 10 proposed offerings for companies linked to the Dubai government with the aim of reviving the market.
The performance of the market came with the rise of Emaar Properties by 0.5%, while the Dubai market share rose by 0.38%, and the Dubai Islamic share rose by 0.32%.
Shares of Air Arabia rose by 1.19%, while Emaar Development declined by 0.22% and GFH declined by 0.81%.
Shuaa rose by 1.49%, Amanat rose by 0.91%, Emirates NBD rose by 0.33%, while Deyaar Development declined by 0.64%.
Meanwhile, 7 shares rose, 4 fell, and 4 remained stable.
The value of trading in the market was regarding 19.9 million dirhams through 6.86 million shares.
And the Dubai stock market topped the shares in terms of trading value by regarding 9.81 million dirhams, followed by the Emaar share by regarding 5.44 million dirhams, as well as the stock market shares in terms of trading volumes through 3.88 million shares.
