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Abu Dhabi, May 17: The local stock markets consolidated their gains at the end of the day’s trading, and their market capitalization amounted to approximately 17.4 billion dirhams, supported by the gains of the leading stocks in the financial, real estate and industrial sectors.
During today’s trading, the Dubai Financial Market achieved the best daily performance in a month and a half since the end of last March, while the Abu Dhabi Securities Market achieved the largest pace of daily gains in the month of mid-mid-April.
The market capital of listed shares rose from 3.321 trillion dirhams at the end of yesterday’s session to 3.338 trillion dirhams at the end of today’s session, distributed by 2.715 trillion dirhams for shares listed on the Abu Dhabi Stock Exchange and 623 billion dirhams for shares listed on the Dubai Financial Market.
Local shares attracted liquidity of about 1.5 billion dirhams, distributed by 881.7 million dirhams in the Abu Dhabi market and 621.7 million dirhams in the Dubai market, and about 576.5 million shares were traded through the implementation of more than 20 thousand transactions.
The FTSE Abu Dhabi General Market Index, “Fadji”, increased by 0.53%, or the equivalent of 50.3 points, to close at 9525.97 points, and the Abu Dhabi Market Index, “Faddex 15”, increased by 0.57%, or the equivalent of 53.1 points, to close at 9370.83 points, while the Dubai Financial Market General Index rose. By 1.62%, it gained 56.7 points, to close at 3565.82 points.
The performance of the Abu Dhabi market was enhanced by an increase in the shares of “Bayanat” by 6.35%, “Multiplay” by 4.8%, “Alfa Abu Dhabi” by 3.96%, “ADNOC Drilling” by 2.96%, “Al-Dar” by 2.87%, “Burjeel” by 2.3%, and “Abu Dhabi Islamic” by 2.31%. And “Borouge” 1.53%, “First Abu Dhabi” 1.04%, “Abu Dhabi Ports” 0.92%, and “Abu Dhabi Commercial” 0.24%.
“Al-Alamiya Holding” topped the activity, attracting liquidity of about 237.07 million dirhams, and closed stable at 395.1 dirhams, followed by “Al-Afa Dhabi” with a liquidity of 77.4 million dirhams, then “Multiplay” attracting more than 63.8 million dirhams, and “ADNOC Gas” with 57.8 million dirhams.
The performance in the Dubai market was supported by the rise in the shares of “Emaar Properties” by 1.52%, “Dewa” by 1.22%, “Dubai Financial Market” by 2.1%, “Dubai Islamic” by 0.19%, “Emirates NBD” by 0.36%, “Dubai Investments” by 0.45% and “Air Arabia” 1.32%, “Aramex” 0.98%, “Salik” 1.64%, “Emaar Development” 0.2%, “Tecom” 2.08%, “Empower” 2.9%, and “Tabreed” 2.44%.
“Gulf Navigation” acquired the largest share of trading by 264.3 million dirhams and closed up by 11.7%, followed by “Ajman Bank”, which attracted about 76.4 million dirhams and closed up by 4.42%, then “Emaar Properties” with a liquidity of 60.5 million dirhams.
