UAE capital markets on the green box with a profit of 1.5 billion

Media In – Abu Dhabi, February 25, 2018

 The UAE capital markets started trading on the green box with the support of the real estate sector, and the market capitalization of traded companies reached AED 1.5 billion at the end of today’s session.
The Dubai Financial Market index rose to a level of 3306 points with a growth of 0.61%, making it possible to return above the previously abandoned barrier. On the Abu Dhabi Securities Exchange, the general index closed at 4,582 points, a growth of 0.05% compared to Thursday’s session.
A leading segment of the real estate sector led the market, led by Emaar that rose again to AED 6.37 and Emaar Properties rose to AED 5.35, Arabtec closed at AED2.52 and Dubai Islamic Bank recorded a good gain of AED 6.17.
On the Abu Dhabi Securities Market, RAK Properties rose to 79 fils and Ashraq Real Estate rose to 74 fils while Etisalat was flat at 17.40 dirhams.
The value of transactions reached 235 million dirhams and the number of shares traded 164 million shares carried out through 2649 transactions.
On the decliners, 25 stocks closed on a profit of 59 companies traded, 20 stocks declined and 14 stocks remained unchanged at Thursday’s session.