5.7 billion dirhams, the gains of the Dubai Financial Market during two sessions

Abu Dhabi, May 3, The Dubai Financial Market consolidated its gains for the second session in a row, and its market capitalization gained nearly 5.7 billion dirhams over two sessions, supported by continued optimism, with successive companies announcing strong quarterly profits for the first quarter of this year.
The market capital of the Dubai Financial Market rose from 619.9 billion dirhams at the end of last Monday’s session to 625.6 billion dirhams at the end of today’s session, while the market capital of the Abu Dhabi Securities Market amounted to about 2.77 trillion dirhams.
The Dubai General Market Index rose at the close of today’s session by 0.062%, or the equivalent of 2.21 points, to close at the level of 3577.7 points, continuing to remain at its highest level since last May, while the FTSE Abu Dhabi General Market Index “Fadji” closed at the level of 9714.4 points, while the index reached Abu Dhabi market, “Fadex 15”, to the level of 9520.14 points.
Local stocks attracted liquidity of about 2.25 billion dirhams, distributed by 1.19 billion dirhams in the Abu Dhabi market and 1.06 billion dirhams in the Dubai market, and about 1.38 billion shares were traded through the implementation of more than 26.3 thousand transactions.
The increase in trading values and volumes comes after the Dubai Financial Market witnessed today the execution of two large direct deals on the shares of “Amanat Holding” for about 525 million shares, at a value of 493.5 million dirhams.
“Al-Alamiya Holding” topped the activity in the Abu Dhabi market, attracting liquidity of about 242 million dirhams, to close up by 0.03% at the level of 395.1 dirhams, followed by “Al-Fadha” with a liquidity of 87.06 million dirhams, and closed up by 1.88%, then “ADNOC Gas” by about 65.8 million dirhams.
In the Dubai market, “Deyaar” topped the activity – after excluding large deals – attracting more than 134.4 million, followed by “Dubai Financial Market” with about 71.4 million dirhams, “Dubai Islamic” attracting more than 70.4 million dirhams, and “Emaar Properties” 57.5 million. million dirhams.