Local stocks consolidate their gains for the third session, gaining 27 billion dirhams

Abu Dhabi, March 30: The local stock markets consolidated their market gains for the third consecutive session at the end of today’s session, and their market capitalization gained more than 27 billion dirhams, amid a state of optimism that dominated investor sentiment.
The market capital of listed shares rose from 3.294 trillion dirhams at the end of yesterday’s session to 3.321 trillion dirhams at the end of today’s session, distributed by 2.723 trillion dirhams for shares listed on the Abu Dhabi Stock Exchange and 598.5 billion dirhams for shares listed on the Dubai Financial Market.
Local stocks attracted liquidity of about 1.5 billion dirhams, distributed by 1.27 billion dirhams in the Abu Dhabi market and 223.4 million dirhams in the Dubai market, and about 334.8 million shares were traded through the implementation of more than 20.6 thousand deals.
– Abu Dhabi market.

The main Abu Dhabi market indices closed higher, with the FTSE Abu Dhabi Market index “Fadji” rising by 0.22 per cent to close at 9478.64 points, while the Abu Dhabi market index “Fadex 15” grew by 0.3 per cent to reach the level of 9340.46 points.
The performance of the Abu Dhabi market was strengthened by the rise in the shares of “Alfa Abu Dhabi” by 4.3%, “TAQA” by 3.35%, “ADNOC Gas” by 0.99%, “Multiple” by 0.91%, “Abu Dhabi Ports” by 0.79%, “First Abu Dhabi” by 0.77%, and “Abu Dhabi Commercial”. 0.7%, ADNOC Drilling 0.52% and Borouge 0.39%.
And “Al-Alamiya Holding” acquired the largest share of trading in the Abu Dhabi market, attracting liquidity of more than 282.4 million dirhams, followed by “First Abu Dhabi” with a liquidity of 93.1 million dirhams, then “Al-Faba” attracting about 85.2 million dirhams.
Dubai market.

The general index of the Dubai Financial Market increased by 0.73%, or the equivalent of 25 points, to close at the level of 3425.56 points, reaching its highest level since last March 8, and continuing its gains for the third consecutive session.
Supporting the gains of the Dubai market, the shares of “Emaar Properties” rose 2.3%, “Emaar Development” 2.9%, “Tecom” 1.28%, “Dewa” 0.8%, “Empower” 1.16%, “Tabreed” 1.39%, and “Dubai Financial Market” 0.78 %, Dubai Investments 0.85%, Air Arabia 0.47%, and Aramex 0.3%.
“Emaar Properties” topped the activity, attracting liquidity of more than 55.3 million dirhams, then “Air Arabia” with a liquidity that exceeded 31.4 million dirhams, followed by “Ajman Bank” and “Dewa”, attracting about 21.7 million dirhams and 21.3 million dirhams, respectively.