Media ININ Economy We Trust
Media IN / W November 6, 2018
The UAE capital markets continued for the second day in a row to raise their gains from the market value of shares traded companies, where trading amounted to about 5 billion dirhams, according to the daily analysis of transactions.
The biggest support for the markets came from the continued operations of foreign companies on a select segment of leading stocks listed in the sectors of banks, real estate and investment, which strengthened the gains during the past two sessions.
The general index of the Abu Dhabi Securities Market rose to 5003 points, an increase of 0.63%. The general index of the Dubai Financial Market closed at 2815 points, a growth of 0.74% compared to yesterday’s session.
Brokers in the market said that foreign institutional buying contributed to increasing the volume of liquidity in the markets, which encouraged the rest of the investors to trade .. He pointed out that the high frequency of trading follows the majority of companies for good financial statements during the third quarter of this year, To AED 1.92 and Arabtec AED 2.26 while Emirates NBD climbed to AED 9.30 and Dubai Investment Bank rose to AED 1.62.
