Media ININ Economy We Trust
MediaIn – Abu Dhabi, February 26, 2018
The value of liquidity has doubled and has risen above half a billion dirhams, according to daily monitoring during the second session of the week in the UAE capital markets.
The Abu Dhabi Securities Market index rose to 4,593 points, up 0.25%, to close at 4,582 points at yesterday’s session, while the benchmark index of the Dubai Financial Market stood at 3306 points at the close of trading.
The dual-listed GFH attracted a large part of the AED 140 million liquidity and the stock rose to AED 1.46, after the announcement of the appointment of a new board chairman.
Among the gainers on the Dubai Financial Market were the integrated telecoms, which rose to AED 5, Dubai Investment closed at AED2.30 and Union Properties rose to AED 0.901.
On the other side of the picture, support on the Abu Dhabi Securities Exchange came from Abu Dhabi’s first high share to AED 11.40 and some investment shares.
The number of shares traded in the two markets reached 358 million shares compared to 164 in yesterday’s session carried out through 3819 transactions.
In terms of price index movement, the number of shares gain 29 shares out of the total shares of 67 companies were traded today, while the shares of 25 companies declined and the shares of 13 companies were unchanged.
