Media ININ Economy We Trust
Media In – Abu Dhabi – 26 February 2019 /
The UAE’s capital markets returned to the upside during today’s trading session after the profit taking in the middle of the week. With the return of activity, the market capitalization of the traded companies gained AED 4.7 billion by the end of the session.
The general index of Dubai Financial Market rose 0.85% to 2683 points, while the general index of the Abu Dhabi Securities Market closed at 5139 points, a growth of 0.47% compared to the previous session.
The trading appetite was further improved, raising the value of transactions in the Abu Dhabi and Dubai Financial markets to 570 million dirhams and the number of shares traded 250 million shares were carried out through 6119 deal. Leading stocks in the real estate and banking sectors continue to boost the gains of the markets amid continuing purchases from institutions Foreign and domestic companies, most of which focused on heavy stocks.
Emaar climbed 4.92 dirhams to AED 5, while Arabtec climbed 2.21 dirhams, Emaar Properties closed at 1.84 dirhams, while Dubai Investment was 1.28 dirhams.
In the capital market, Aldar rose to 1.83 dirhams. In the banking sector, Abu Dhabi First Bank jumped to 15.10 dirhams after the general assembly approved the AED 8 billion dividend and ADCB rose to 9.69 dirhams.
