533 million dirhams worth of transactions concluded today in the UAE financial markets

Media In – Abu Dhabi January 15, 2018

The banking sector and a number of other leading stocks supported the UAE’s financial markets, which made good gains, which, according to technical data, indicates its strength and ability to rise in the coming days.
The markets were encouraged to improve their appetite, with transactions worth AED 533 million in today’s session compared to AED 360 million the day before.
The Abu Dhabi Securities Market Index (ADX) gained 4601 points, or 0.37%, to its highest level in several months. On the Dubai Financial Market, the index closed 0.49% at 3,496 points.
Dubai Islamic Bank (DIB) continued its sharp rise of AED 6.55 and Emaar Properties gained 2.23 dirhams. Deyaar gained 1.2% to AED 0.577.
On the Abu Dhabi Securities Exchange, the biggest support for the greenback of the general index was from Abu Dhabi First Bank, which rose again to 11.10 dirhams, and Abu Dhabi Commercial Bank surged to AED 7.30.
With the improvement in trading liquidity, the number of shares traded increased to 327 million shares compared to 235 million the previous day and the number of executed transactions reached 5475 transactions.
The shares of 21 companies closed on profitability of the total shares of 69 companies were traded today, while the prices of shares of 21 companies and kept the prices of shares of 15 companies at their previous prices.