AED 8 billion gains in UAE financial markets

Media In – Abu Dhabi 7 February 2018 WAM
The market capitalization of traded companies succeeded in achieving a profit of more than AED 8 billion at the end of trading. The UAE capital markets returned to profitability amid an improvement in the trading appetite after falling prices to attractive levels of purchase during the past two days. The biggest support for the markets came from the real estate and banking sectors And are the two most attractive sectors for investors due to the margin of the movement of its shares during the session.
The general index of the Abu Dhabi Securities Market rose to 4595 points with a growth of 1.21%, while the general index of the Dubai Financial Market to 3354 points, up by 0.83% compared to the previous day.
Emaar spearheaded a resurgence of AED 6.47 to AED 6.47, followed by Emaar Real Estate Development that rose to AED5.70, Emaar Properties to AED2.35 and Damac to AED3.35. My Islamic activities are very good at AED 6.20.
On the Abu Dhabi Securities Exchange, support came from the banking and telecoms sector in particular, and Emirates Telecom jumped to 17.50 dirhams.
Abu Dhabi First rose to AED 11.35 and ADNOC was the best performer, closing at AED 2.67.
The daily analysis of transactions showed that the value of transactions in the two markets reached 466 million dirhams and the number of shares traded was 263 million shares executed through 5043 transactions