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Abu Dhabi, April 29 / The market gains of the local stock markets exceeded 106 billion dirhams during the current April trading, supported by the gains of the leading stocks and the new listings that included “Al Ansari” for financial services and “MBME”.
According to the monitoring of the Emirates News Agency, WAM, the market gains for the month of April were distributed by 80.1 billion dirhams for the shares listed on the Abu Dhabi Stock Exchange, and 26.2 billion dirhams for the shares listed on the Dubai Financial Market.
The market capital of the shares listed in the two markets rose from 3.317 trillion dirhams at the end of last March to 3.423 trillion dirhams at the end of yesterday’s session, distributed by 2.801 trillion dirhams for the shares listed on the Abu Dhabi Securities Market and 622.2 billion dirhams for the shares listed on the Dubai Financial Market.
Local stocks attracted liquidity during April of about 26.6 billion dirhams, distributed by 20.6 billion dirhams in the Abu Dhabi market and 6 billion dirhams in the Dubai market, and about 6.9 billion shares were traded through the implementation of more than 332.7 thousand deals.
– Abu Dhabi market.
The FTSE Abu Dhabi Market Index, “Fadji”, increased by 3.81%, or the equivalent of 359 points, to close at 9,789.17 points, while the Abu Dhabi Market Index, “Vadex 15”, increased by 3.93%, or the equivalent of 365.6 points, to close at 9,660.21 points. The two indices recorded the largest monthly rise since last October.
The rise of the Abu Dhabi market during April supported the rise of the financial sector by 2.95%, consumer goods by 9.58%, real estate by 15.2%, industry by 1.08%, energy by 7%, and communications by 8.3%. The growth market index increased by 1.22%.
The shares of the Abu Dhabi market recorded strong gains during April, with “Bayanat” rising by more than 17.7%, “Aldar Properties” by 16.1%, “Abu Dhabi Islamic” by 13.8%, “Agthia” by 12.1%, “First Abu Dhabi” by 10.1%, and “Dana Gao” by 9.7 9.1%, Abu Dhabi Ports 9.1%, A& 8.8%, ADNOC Drilling 8.6%, ADNOC Gas 7%, Abu Dhabi Commercial 6.3%, ADNOC Distribution 5% and Multiple 3.7%.
“Al-Alamiya Holding” topped the activity, attracting liquidity of more than 4.9 billion dirhams, followed by “Al-Afa Abu Dhabi” attracting about 2.14 billion dirhams, then “Multiple” 1.2 billion dirhams, “Al-Dar Properties” 1.16 billion dirhams, and “ADNOC Gas” 1.04 billion dirhams.
Dubai market.
The general index of the Dubai Financial Market rose by more than 4%, or the equivalent of 138 points, during April, to close at 3,544.79 points, close to recording its highest level in a year, with the financial sector index rising by 6.7%, real estate by 4.6%, industry by 4%, and consumer goods by 13.2%.
The performance of the Dubai market was strengthened during April, with shares of “Dubai Islamic” rising by 6.3%, “Emirates NBD” by 7.2%, “Emaar Properties” by 5.9%, “Al-Ansari” by 15.5%, “Dubai Financial Market” by 18.1%, and “Air Arabia” by 3.3%. %, Salik 3.46%, and Tecom 1.7%.
The share of “Emaar Properties” acquired the largest share of the total trading during April, attracting liquidity of about 1.37 billion dirhams, followed by “Emirates NBD”, attracting about 527.2 million dirhams, then “Ajman Bank” with 526.2 million dirhams, and “Dubai Islamic” with a liquidity of 524.8 million dirhams. dirhams, and the Dubai Financial Market, 428.9 million dirhams.
