Cautious calm dominates stocks at the beginning of the week’s trading

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Abu Dhabi: Muhannad Dagher
Caution and calm in general dominated the local stock movements at the beginning of the week’s trading, amid a modest movement in terms of buying and selling for foreign investors and investment portfolios, so the Abu Dhabi market index rose 0.26%, while the Dubai market index settled at the level of 2820.7 points.
Despite this modest movement, foreign investors broke this calm to buy in the Dubai market, with a net investment of about 39 million dirhams, as a result of buying, while they moved towards selling in Abu Dhabi, with a net investment that did not exceed 8.5 million dirhams, as a result of the sale.
The share of «International Holding» dominated the liquidity of the markets with its acquisition of almost half (48.84), as well as 55% of the liquidity of the capital market only, equivalent to 683.78 million dirhams.
The shares attracted a total liquidity of 1.4 billion dirhams, including 1.25 billion dirhams in the Abu Dhabi market and 156.3 million dirhams in the Dubai market, and the traded quantities of shares were 216.8 million shares distributed by 91.58 million shares in Dubai and 125.3 million shares in Abu Dhabi.
Shares of 35 companies rose, while shares of 23 companies declined, and this came through the implementation of 3937 transactions.Abu Dhabi market

The Abu Dhabi Stock Exchange index rose 0.26% at 6623.4 points, with the shares of investment, real estate, communications, insurance, energy, industry, goods and services companies rising.
The real estate sector rose 1.83%, with “Al Dar” increasing by 1.9% and “Ras Al Khaimah Real Estate” increasing by 0.55%. The telecommunications sector also increased by 0.74% due to the increase in the “Etisalat” share by the same percentage.
The investment sector increased by 0.4%, with the increase of Global Holding by 0.26% and Waha Capital by 3%, despite the decline of Ishraq by 0.3%.
The energy sector rose 0.13%, supported by the rise of ADNOC Distribution 0.7%, against a decline of 0.74%. Dana Gas 0.74%.
In contrast, the banking sector fell 0.2%, with First Abu Dhabi down 0.35% and Abu Dhabi Islamic 0.73%, while “Abu Dhabi Commercial” rose 1%.

Dubai market

The Dubai Financial Market index fell 0.1% at the level of 2820.7 points, with the decline in the shares of real estate companies, banks and commodities.
The real estate sector decreased by 0.86% due to a decrease of “DAMAC” by 8.57%, “Emaar Development” 2.42% and “Union Properties” 0.71%, compared to an increase of “Emaar Properties” 0.24%, “Deyaar” 0.3% and “Emaar Malls” 1%.
On the contrary, the investment sector rose 0.67%, with “Dubai Financial” increasing by 2.67% and “Shuaa Capital” by 1.6 percent, with the stability of “Dubai Investment” at its previous close.
The transportation sector also rose 0.87% as a result of “Aramex” increasing by 1.72%, with the stability of “Air Arabia” and the decline of “Gulf Navigation” by 2.5%.

Liquidity Direction

“International Holding” topped the trading in the Abu Dhabi market with a value of 683.78 million dirhams, closing at 96.2 dirhams, followed by “Aldar Properties” with a liquidity of 198.65 million dirhams, to close at 3.75 dirhams, then “First Abu Dhabi” by attracting 164 million dirhams and closing at 16.86 dirhams, while it attracted «First Abu Dhabi», which attracted 164 million dirhams and closed at 16.86 dirhams. ADNOC Distribution» 54 million dirhams, closed at 4.35 dirhams.
In the Dubai market, the “Dubai Islamic” trades led by 40.4 million dirhams to close at 4.92 dirhams, followed by “Emaar Properties” with transactions of 39.2 million dirhams, and closed at 4.05 dirhams, then “DAMAC” by 18.5 million dirhams and closed at 1.28 dirhams. And fourth, “Dubai Financial” came with only 9.2 million dirhams, to close at 1.15 dirhams.
And «Dubai National Insurance and Reinsurance» recorded the most increase in the Dubai market by 6.79%, closing at 4.4 dirhams, while «DAMAC» recorded the most decline by 8.57% to 1.28 dirhams.
In the capital market, the rises were led by “Ras Al Khaimah Cement” by 14.43%, to close at 1.11 dirhams, while the declines were led by “Sharjah Cement” by 2.44% to 0.6 dirhams.

nationalities

Regarding transactions by nationalities in the Abu Dhabi market, Gulf investors tended to buy with a net investment of 9 million dirhams, a purchase proceeds. In contrast, Arab and foreign investors and citizens tended to monetize, with a net investment of 9 million dirhams, a sale proceeds, of which 8.5 million dirhams were the proceeds from the sale of foreigners and 583 thousand dirhams. Only the outcome of the sale of Arabs at a very small value is the outcome of the sale of citizens.
In the Dubai market, Arab and foreign investors tended to buy with a net investment of close to 40 million dirhams, a purchase outcome, of which 38.96 million dirhams was the outcome of foreign purchases, and only one million dirhams was the outcome of Arab purchases.
On the other hand, Gulf investors and citizens tended to monetize with a net investment of 40 million dirhams, the proceeds of sale, of which 12.3 million dirhams was the proceeds of the sale of Gulf nationals and 27.4 million dirhams the proceeds of the sale of citizens.

Institutions

Investment portfolios tended to be liquidated, with a net investment of 50.3 million dirhams, a sale proceeds of which 1.16 million dirhams was a sale proceeds in Dubai and 49.16 million dirhams a proceeds of sale in Abu Dhabi.
On the other hand, individual investors tended to buy with a net investment of 50.3 million dirhams as a purchase proceeds, distributed as 1.16 million dirhams as a purchase proceeds in Dubai and 49.16 million dirhams as a purchase proceeds in Abu Dhabi.





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