The Dubai market gains 2.63 billion dirhams in the last sessions of the week

Local stock markets attracted liquidity exceeding 1.199 billion dirhams at the end of the last trading sessions of the week, with “International Holding” and “Emaar Properties” topping the trading. Liquidity was distributed at 793.53 million dirhams on the Abu Dhabi Securities Market, and 405.85 million dirhams on the Dubai Financial Market, after 736.58 million shares were traded through the implementation of more than 24.83 thousand transactions.

The Dubai Financial Market consolidated its gains at the end of trading, and its market capitalization gained more than 2.63 billion dirhams, supported mainly by the gains of leading stocks in the real estate and financial sectors. The market capitalization of stocks listed on the Dubai Financial Market increased from 834.37 billion dirhams at the end of Thursday’s session, reaching more than 837 billion dirhams at the end of yesterday’s session (Friday), while the market value of the Abu Dhabi Securities Market reached about 2.924 trillion dirhams. The market capitalization of listed stocks reached 3.761 trillion dirhams at the end of yesterday’s session.

The Dubai Financial Market Index rose by 0.37% to 4,829.63 points, while the Abu Dhabi Securities Market Index (FADGI) declined by 0.11% to 9,265.1 points.

The most traded stock was “Emaar Properties”, up by 1.48% at 9.59 dirhams, with transactions approaching 96.6 million dirhams, followed by “Talabat” stock, which fell by 0.66%, reaching 1.5 dirhams, with liquidity amounting to 47.63 million dirhams, and “Emaar Development” stock increased by 0.84%, reaching 11.95 dirhams in liquidity It amounted to 39.41 million dirhams.

In Abu Dhabi, “International Holding” shares stabilized at their previous price levels, topping the activity with liquidity of 184.54 million dirhams, while “Aldar Properties” shares rose by 0.55% with liquidity amounting to 57.36 million dirhams. “Alpha Dhabi” shares rose 0.2%, with liquidity reaching 55.99 million dirhams, and “ADNOC Drilling” shares also rose 1.23%, with liquidity reaching 47.69 million dirhams.

It is noteworthy that at the weekly level, the Dubai Financial Market Index decreased by 24 points, or 0.5%, and the Abu Dhabi General Market Index (FADGI) decreased by one point.