The local financial markets increased their pace of improvement in the mid-week session yesterday, which boosted the rise of general indicators to levels that pave the way for achieving new breakthroughs in the coming days, according to technical analysis data.
The gains achieved came with the continued flow of liquidity to the trading halls, where the value of the concluded deals amounted to 1.68 billion dirhams, which raised the total value of deals during two sessions to about three billion dirhams.
The markets interacted with some positive news issued by listed companies, which made the share prices of these companies strongly jump at the close of trading.
As for the movement of general indices, the general index of the Dubai Financial Market rose by 0.64%, reaching the level of 2,839 points, while the general index of the Abu Dhabi Stock Exchange closed at the level of 6,646 points, an increase of 0.34% compared to the previous day. The biggest support for the activity in the Dubai Financial Market came from the “Emaar” share, which rose to the level of 4.11 dirhams, after the company announced that its sales had grown by a large percentage during the first five months of this year, which stimulated investment in the share, whose value exceeded 110 Millions of dirhams.
The positive performance of the “Emaar” stock was reflected in a large segment of the shares traded on the Dubai Financial Market, as the “Emaar Malls” share rose to 2.01 dirhams, “Emaar Development” to 3.72 dirhams, and “DAMAC” to 1.30 dirhams, in addition to the “Dubai Bank” share. Islamic” rising to 4.97 dirhams. In the Abu Dhabi market, the “Etisalat” share rose to 22 dirhams, and the list of winners included the “First Abu Dhabi Bank” share, rising to 16.90 dirhams, the “Al-Dar” company’s share to 3.76 dirhams, and “ADNOC Distribution” to 4.36 dirhams, while the “International Holding” share continued » It rose to the level of 96.75 dirhams.
It is noteworthy that yesterday’s session witnessed the circulation of 328 million shares, executed through 7059 transactions, according to the figures issued by the markets.
• 328 million shares traded through 7059 transactions.
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