Home / Finance & Business / Economic Indicators / UAE stocks are green amid quiet purchases in the first sessions of the week. “Ghada Holding” is at the maximum level.. and “Dewa” leads Dubai’s liquidity

UAE stocks are green amid quiet purchases in the first sessions of the week. “Ghada Holding” is at the maximum level.. and “Dewa” leads Dubai’s liquidity

UAE stocks closed in the green zone at the beginning of the week’s sessions, due to increases in limited rates for the leading stocks, so that the Abu Dhabi market index rose 0.4% at the level of 9499.2 points, while the Dubai market index marginally increased by 0.03% to the level of 3411.8 points.
Among the most prominent rising stocks in the capital market were «Abu Dhabi Commercial» by 2.3%, closing at 8.49 dirhams, and «Abu Dhabi Islamic», up 4.2%, closing at 10.86 dirhams, and «ADNOC Drilling» increased by 3.2%, at 3.88 dirhams, and «Abu Dhabi Ports». » 0.96%, “Virtual Globe” 0.74%, and “Multiplay” 0.63%.
And «Marine Dredging» rose by 5.5% to the level of 24 dirhams, while «Ghada Holding» jumped by the maximum 14.97% to the level of 41.62 dirhams, noting that these two companies witnessed strong declines over more than one previous session.

In the Dubai market, the “Dewa” share led the trading by 26.3 million dirhams, up 0.8% to 2.47 dirhams, in conjunction with the company’s general assembly approving a one-time special cash dividend of 3.34 fils per share..and an interim cash dividend of 6.2 fils per share for the half. the second 2022.
Shares of “Dubai Islamic” rose 0.57% to 5.3 dirhams, “Emaar Properties” rose 0.17% at 5.67 dirhams, “Ajman Bank” rose 0.67% at 1.5 dirhams, and “Deyaar” 3.1% to 0.496 dirhams.
The total liquidity in the markets recorded 1.153 billion dirhams, including one billion dirhams in the Abu Dhabi market, and 153 million dirhams in the Dubai market, and the traded volumes of shares amounted to 253.6 million shares, distributed by 111.26 million shares in Dubai, and 142.34 million shares in Abu Dhabi.
The share prices of 50 companies increased, while the share prices of 32 companies declined, and this came through the implementation of 13,066 deals.
********************
Abu Dhabi market
*********
The Abu Dhabi market index rose, supported by stock gains in the financial, communications, energy and industrial sectors.
In the financial sector, the shares of “Abu Dhabi Commercial”, “Abu Dhabi Islamic” and “Multiplay” rose, in exchange for the decline of “First Abu Dhabi” by 0.15% and the stability of “Al Alamiah Holding”.
In the telecommunications sector, the share of “E&” increased by 0.87%, with the stability of “Yahsat”. In real estate, “Al-Dar” declined 0.21%, compared to an increase in “Ras Al-Khaimah Real Estate” by 0.7%.
In energy, “ADNOC Gas” decreased by 0.3%, and “ADNOC Distribution” and “Dana Gas” decreased by 0.24% each. Shares of “TAQA” rose 0.3%, and “Abu Dhabi Aviation” rose 0.65%. In terms of the industrial sector, “Alpha Abu Dhabi” decreased by 0.1%, with the stability of “Arkan”.
********
Dubai market
*************
The gains of the Dubai Financial Market came with the rise in the sectoral indices of real estate, financial and commodity stocks.
In the financial sector, “Amlak” rose 0.6%, “Safeties” 1%, “Aman” 1.2%, and “Dubai Financial Market” 0.7%, compared to the decline of “Dubai Investments” 1.26%, “Emirates NBD” 1.12%, and “Shuaa”. 1.12% as well.
In real estate, “Emaar Development” rose 0.7% and “Tecom” 3.37%, compared to the decline of “Union Properties” by 1.13%.
In front of the rise of “Dewa” in the utilities sector, “Tabreed” declined by 0.34%, and “Empower” remained unchanged. In the industry, “Salik” rose 0.34%, compared to the decline of “Aramex” by 0.93%, and the stability of “Gulf Navigation” and “Air Arabia”.
*********
liquidity orientation
************
Al-Alamiya Holding again dominated the Abu Dhabi market’s trading with a value of 295 million dirhams, closing at 395 dirhams, followed by “Alpha Abu Dhabi” with a liquidity of 137 million dirhams, closing at 20.28 dirhams, then “Multiplay” by attracting 68 million dirhams, reaching the level of 3.19 dirhams, and “VirtGlobe”, with transactions of 50.5 million dirhams, reaching a price of 4.1 dirhams.
In the Dubai market, “Dewa” topped the trading, followed by “Dubai Islamic” by attracting 21 million dirhams to close at 5.3 dirhams, then “Emaar Properties” with a liquidity of 19.6 million dirhams to close at 5.67 dirhams, and “Gulf Navigation” with a turnover of 15 million, stable at its level. Previous (1.19 dirhams).
***********
nationalities
************
Regarding trading by nationalities in the Abu Dhabi market, Gulf investors and citizens tended to buy, with a net investment of 215.6 million dirhams as a result of purchases, of which 36.47 million dirhams as a result of buying from Gulf citizens, and 179.16 million dirhams as a result of buying citizens.
On the other hand, Arab and foreign investors tended towards liquidation, with a net investment of 215.6 million dirhams, the proceeds of sale, distributed by 2.9 million dirhams, the proceeds of selling Arabs, and 212.7 million dirhams, the proceeds of selling foreigners.
In the Dubai market, Gulf investors tended to buy, with a net investment of 15.5 million dirhams, the proceeds of purchase, and on the other hand, Arab and foreign investors and citizens tended towards liquidation, with a net investment of 15.5 million dirhams, the proceeds of selling, of which 515 thousand dirhams were the proceeds of selling Arabs, and 8.46 million dirhams the proceeds of selling. foreigners, and 6.5 million dirhams from the sale of citizens.
*********
institutions
*************
The performance of investment portfolios that tended towards buying in the Abu Dhabi market varied, with a net investment of 33.95 million dirhams, the proceeds of purchase, while they tended towards liquidation in the Dubai market, with a net investment of 8.8 million dirhams, the proceeds of sale.
On the other hand, individual investors tended to buy in the Dubai market, with a net investment of 8.8 million dirhams, the proceeds of purchase, and to sell in the Abu Dhabi market, with a net investment of 33.95 million dirhams, the proceeds of sale.

About salah

Check Also

1.4 billion dirhams in local stock liquidity at the end of trading

Abu Dhabi on October 10   Local stock markets attracted liquidity exceeding 1.7 billion dirhams …