Dubai Financial Market continues to rise for the sixth consecutive session


The performance of the UAE stock market indices varied in today’s session, the middle of the week, with the Dubai market marginally rising for the sixth consecutive session, while the Abu Dhabi market declined marginally.

Dubai Financial Market

The general index of the Dubai Financial Market rose marginally by 0.03% for the sixth session, at the level of 2818 points.

The performance of the Dubai index came in conjunction with the increase of Dubai Islamic and Aramex by 0.39% and 1.86%, respectively. In contrast, Emirates NBD and Air Arabia decreased by 0.72% and 0.74%, respectively.

Emirates NBD topped the shares in terms of trading value of 54.75 million dirhams, followed by Dubai Islamic stock with a value of 30.21 million dirhams.

The value of trading on the Dubai Financial Market during today’s trading amounted to 195.32 million dirhams, with a trading volume of 95.68 million shares, through 2.8 thousand transactions.

During today’s trading, 9 stocks rose, 16 stocks fell, and 6 stocks stabilized.

Abu Dhabi market

By the end of today’s session, the Abu Dhabi Securities Index decreased by 0.06% at the level of 7888 points.

The value of trading in the Abu Dhabi market reached 1.5 billion dirhams, while the trading volume amounted to 245.7 million shares.

The performance of the index came in conjunction with the decline of the shares of First Abu Dhabi and Affaby by 0.55% and 0.21%, respectively, as well as the decline of Global Holding by 0.41%, while the shares of the Etisalat Group rose by 1.11%.

First Abu Dhabi leads shares in terms of trading value with a value of 362.07 million dirhams, followed by Global Holding with a value of 296.43 million dirhams.

And the market value of the Abu Dhabi market recorded about 1.4707 trillion dirhams, compared to a value of 1.4708 trillion dirhams in the last session.


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