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AED 8.6 Billion UAE Shares Gain in 5 Sessions

MEDIA IN, Abu Dhabi, July 5, 2018 (WAM)

 UAE stock markets ended the last day of the week on the green box and the value of market value gains of shares traded during the last five sessions about 8.6 billion dirhams, according to monitoring transactions. The biggest support for the markets during the week came from the real estate and banking sectors, which are listed on the Dubai Financial Market, which recorded good growth amid the anticipation of the announcement of companies financial statements for the first half of this year. “Market performance has improved this week after the price of a slice of shares fell to attractive levels of buying, which encouraged the trading of some institutions and major investors,” he said. “We believe that there will be more improvement in the coming days, especially with the start of the corporate disclosure season. Its financial statements for the first half of the year. The DFM index rose by 0.67% to close at 2,880 points, while the general index of the Abu Dhabi Securities Market closed at 4603 points, an increase of 0.2% compared to the previous day.

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