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“Bayanat” stock jumps to the maximum for the third consecutive session

“Bayanat” stock continued to rise in the Abu Dhabi market by 14.92% for the third day in a row, at the beginning of Wednesday’s trading, reaching the level of 6.24 dirhams, through a strong liquidity of 61.84 million dirhams, so that the share jumped in 3 sessions by 47% through 341 liquidity million dirhams.

UAE shares fell slightly at the beginning of Wednesday’s session, with the Abu Dhabi market index falling 0.20% to the level of 10,481.85 points, and the Dubai market index down 0.44% at the level of 3,358.87 points.

In the Abu Dhabi market, the “Alpha Abu Dhabi” share declined by 1.04%, and in Dubai, the market share decreased by 1.22%.
On Tuesday’s session, “Empower” shares seized liquidity of 413 million dirhams, or about 52% of the total liquidity of the Dubai market, on the first trading day, bringing the share 2.25% to the level of 1.36 dirhams, at the close of the session, knowing that the share opened trading with a rise of 9% to 1.45 dirhams, compared to the offer price of 1.33 dirhams.
In the Abu Dhabi market, the “Bayanat” share continued to climb to the maximum for the second day in a row, reaching the level of 5.43 dirhams, through a strong liquidity of 122.5 million dirhams, so that the share jumped in two sessions by 32% through liquidity of 280 million dirhams.
In terms of the performance of market indices, the Abu Dhabi market fell 0.9% to the level of 10,502 points, while the Dubai market fell 0.6% to 3,373 points, as a result of declines in leading shares in more than one sector.
Total liquidity in the markets recorded 2.27 billion dirhams, including 1.47 billion dirhams in the Abu Dhabi market, and 803 million dirhams in the Dubai market, and the traded quantities of shares were 737.38 million shares, distributed by 271.38 million shares in Abu Dhabi, and 466 million shares in Dubai.
The share prices of 41 companies rose, while the share prices of 49 companies declined, and this came through the implementation of 29,358 transactions. The market value reached 3.11 trillion dirhams, including 2.53 trillion dirhams in Abu Dhabi, and 588.9 billion dirhams in Dubai.

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