Local stock gains amounted to about 35 billion dirhams at the close of trading

Abu Dhabi on December 15th

The local stock markets consolidated their gains at the close of trading today, and their market capitalization gained nearly 35 billion dirhams, with the Abu Dhabi Stock Exchange rising towards its highest levels since the beginning of this December.
The market capital of listed shares rose from 3.164 trillion dirhams at the end of yesterday’s session to 3.199 trillion dirhams at the end of today’s session, distributed by 2.623 trillion dirhams for shares listed on the Abu Dhabi Stock Exchange and 576.31 billion dirhams for shares listed on the Dubai Financial Market.
Local stocks attracted more than 1.8 billion dirhams of liquidity, distributed by 1.48 billion dirhams in the Abu Dhabi market and 317.3 million dirhams in the Dubai market, and about 394 million shares were traded through the implementation of more than 29.9 thousand transactions.
The Abu Dhabi Market Index, “Vadex 15”, rose 1.2% to close at 10,144.53 points, while the FTSE Abu Dhabi General Market Index, “Fadji”, increased by 1.11%, to close at 10,168.33 points, to raise the indices at the largest daily pace in two weeks since the beginning of this December.
The performance of the Abu Dhabi market was enhanced by an increase in the shares of “Al-Fafa Abu Dhabi” by 3.95%, “TAQA” by 3.6%, “Multiple” by 2.95%, “ADNOC Drilling” by 2.76%, “First Abu Dhabi” by 2.5%, “Borouge” by 1.59%, and “A&” 1.48%, ADNOC Distribution 1.1%, Abu Dhabi Islamic Bank 1%, and Abu Dhabi Commercial Bank 0.33%.
The “International Holding” stock topped the activity after attracting more than 246.8 million dirhams of liquidity, followed by “Alfa Abu Dhabi” that attracted 172.1 million dirhams, then “Americana Restaurants” with a liquidity of 134.9 million dirhams.
And the Dubai General Market index increased by 0.13%, or the equivalent of 4.38 points, to close at 3315.23 points, mainly supported by the rise of the financial sector index by about 1.66%.
In the Dubai market, “Dubai Islamic” rose 2%, “Emirates NBD” 0.77%, “Emaar Development” 0.71%, “Dubai Investments” 0.92%, “Salik” 1.23%, and “Dubai Financial Market” 0.66%. Emaar Properties” activity attracted 134.4 million dirhams, followed by “Dewa” with a liquidity of 37.5 million dirhams, then “Empower” with 21.3 million dirhams.