3.27 trillion dirhams, the market capitalization of UAE stocks by the end of the week

Abu Dhabi, March 24: The local stock markets attracted a liquidity of about 6.8 billion dirhams during the past week’s trading, with its main focus on real estate, financial and banking sector stocks.

Liquidity was distributed by 5.5 billion dirhams on the Abu Dhabi Stock Exchange and 1.28 billion dirhams on the Dubai Financial Market, after 1.57 billion shares were traded through the implementation of more than 89.4 thousand deals.

The market capitalization of the listed shares at the end of the week reached 3.276 trillion dirhams, distributed by 2.688 trillion dirhams for the shares listed on the Abu Dhabi Stock Exchange and 588.2 billion dirhams for the shares listed on the Dubai Financial Market.

The Abu Dhabi market index, “Vadex 15”, closed at the end of the week at the level of 9379.5 points, while the FTSE index closed the Abu Dhabi General Market “Fadji” at the level of 9502.5 points, while the Dubai General Market Index reached the level of 3349.48 points.

And “Al-Alamiah Holding” acquired the largest share of trading in the Abu Dhabi market throughout the week, at about 1.58 billion dirhams, followed by “Al-Fadha Abu Dhabi”, which attracted about 741.6 million dirhams, and closed up by 2.8%, then “ADNOC Gas”, with a liquidity of 367.8 million dirhams, and rose by 5.26%. .

In the Dubai market, “Emaar Properties” led the activity during the week, attracting liquidity of about 345.2 million dirhams, and closed up by 2.4%, followed by “Ajman Bank”, attracting 138.7 million dirhams, rising by 14.9%, then “Dubai Islamic” with a liquidity of 132.1 million dirhams.