AED 8 billion gains in stock markets in the middle of the week

Abu Dhabi 26-08-2019
The UAE stock markets regained their bullish trajectory during the mid-week session, after taking profits from the previous day, and the market capitalization of shares traded on the Abu Dhabi and Dubai financial markets gained about 3.8 billion dirhams at the close of trading.
The activity witnessed by most sectors contributed to the return of green to the screens, but the biggest support for the markets came from the banking and real estate sectors, in addition to communications, which saw institutional buying, which increased the gains of the markets.
The Abu Dhabi Securities Exchange (ADX) index succeeded in returning to the level of 4997 points, up by 0.58%, while the DFM General Index closed at 2729 points, a growth of 0.49% compared to the previous day.
Institutional purchases executed during the two markets supported the volume of liquidity traded with a value of 290 million dirhams and the number of shares traded 127 million shares executed through 4916 transactions.
Emaar rose to 4.85 dirhams and Dubai Islamic Bank rose 5.06 dirhams.
On the Abu Dhabi Securities Exchange, Abu Dhabi First Bank rose to AED 14.90, Abu Dhabi Commercial Bank closed at AED 8 and Abu Dhabi Islamic Bank AED 4.98, while Aldar rose to AED 2.15.