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1.8 billion dirhams of local stock liquidity at the beginning of the week

Abu Dhabi on August 14th

The local stock markets attracted liquidity that exceeded 1.8 billion dirhams at the close of trading today, with its main focus on real estate, banking and financial stocks.

The liquidity was distributed by 1.52 billion dirhams in the Abu Dhabi Stock Exchange and 301.2 million dirhams in the Dubai Financial Market, after trading 515.6 million shares through the implementation of more than 28.7 thousand transactions.

The market capital of listed shares reached 3.56 trillion dirhams by the end of today’s session, distributed by 2.874 trillion dirhams for shares listed on the Abu Dhabi Stock Exchange and 686.8 billion dirhams for shares listed on the Dubai Financial Market.

The Abu Dhabi market index, “Vadex 15”, closed at the level of 9568.93 points, while the FTSE index closed the Abu Dhabi general market, “Fadji”, at the level of 9484.32 points, and the Dubai general market index reached the level of 4058.79 points.

And “Q Holding” acquired the largest share of the total liquidity in the Abu Dhabi market by about 403.8 million dirhams and closed up 2.2 percent at 3.76 dirhams, followed by “Al-Alamiah Holding” by about 224.5 million dirhams and closed at 401.6 dirhams, then “Alif Abu Dhabi” that attracted 114.8 million dirhams. To close at 20.88 dirhams.

In the Dubai market, “Emirates NBD” led the activity, attracting liquidity of about 57.1 million dirhams and reaching the level of 17 dirhams, up by 1.19 percent, followed by “Emaar Properties”, attracting about 26.8 million dirhams, to close at 6.82 dirhams, then “GFH” with liquidity. 26.2 million dirhams, to close at 1.01 dirhams.

“Dewa” share closed stable at the level of 2.61 dirhams, with the company announcing that it achieved revenues of 12.7 billion dirhams and a net profit of about 2.7 billion dirhams during the first half of this year.

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