Abu Dhabi: Muhannad Dagher
The shares of 3 companies attracted strong liquidity in the Abu Dhabi market on Monday, with a value of 1.24 billion dirhams, equal to 47% of the liquidity of the market and 42% of the total financial exchanges of Abu Dhabi and Dubai.
The share of “TAQA” attracted the highest exchange value of 542.25 million dirhams, to close at 2.02 dirhams, after an increase of 7.45%, followed by the share of “International Holding” which attracted 367.96 million dirhams, an increase of 0.1% to the level of 355.5 dirhams and “Multiplay” which rose 1.61% to the level of 3.15 dirhams, thanks to a liquidity of 329.5 million dirhams.
This came as the Abu Dhabi market index dropped 1.16% to close at 10,086 points, while bank stocks prevented the Dubai Financial Index from slipping more than 0.43% at the level. of 3474 points.
The shares had a total liquidity of 2.92 billion dirhams, of which 1.65 billion dirhams in the Abu Dhabi market and 277 million dirhams in the Dubai market, and the traded quantities of shares were 784.95 million. of shares, distributed from 670 million shares in Abu Dhabi, and 114.86 million shares in Dubai.
The share prices of 27 companies rose, while the share prices of 57 companies fell, and this was done through the implementation of 22,204 transactions.
Abu Dhabi market
The decline in the Abu Dhabi market index resulted from the decline in the sectoral indices of the shares of banks, telecommunications, real estate, energy and industries.
In banks, “First Abu Dhabi” fell by 1.95% and “Abu Dhabi Commercial” by 0.75%, compared with an increase in “Abu Dhabi Islamic” of 1.64%.
In the telecommunications sector, the ‘Etisalat-e-and’ share decreased by 2.4% and ‘Yahsat’ by 1.08%. While “Al Dar” shares fell by 1.28%, “Ras Al Khaimah Real Estate” by 1.4% and “Manazil” by 0.26%, with the stability of “Eshraq”.
In industries, “Alpha Abu Dhabi” decreased by 3.27%, “Abu Dhabi Ports” by 1.89% and “Marine Dredgers” by 3.73%, compared to an increase in “Arkan” of 0.79. %.
As for energy stocks, ADNOC Drilling is “decline” of “1.92%” and “ADNOC Distribution” of 2.71%, against the rise of “Dana Gas” of 2.4%.
The shares of “Virtglobe” fell by 0.7%, “Food” by 6.51%, “Borouge” by 1% and “Q Holdings” by 1.64%.
Dubai market
In turn, the Dubai market index was impacted by the decline in sector indices for real estate, transportation and investment stocks, in contrast to the rise in banking sector stocks.
Shares of “Dubai Islamic” and “Emirates NBD” eased the pressure on the market index, with an increase of 0.6% and 0.38% respectively, as well as “Amlak” of 2.38%, to compared with a decrease in “GFH” of 0.91%. .
In the real estate sector, “Emaar Properties” fell by 0.7%, “Emaar Development” by 2.41%, “Deyaar” by 1.39% and “Tecom” by 0.84%, against the rise of “Union Properties” of 0.79%.
In investments, the shares “Dubai Financial” fell by 1.17%, “Dubai Investments” by 0.78% and “Shuaa Capital” by 3.05%.
In the transport sector, the shares of “Air Arabia” fell by 0.93%, “Aramex” by 1.26% and “Gulf Navigation” by 0.95%. Also “Dewa”, included in the utilities sector, decreased by 1.53%.
Liquidity Directorate
In terms of stocks that attract more liquidity in the capital market, “TAQA” came in first place, and “Virtglobe” came in second, attracting 400 million dirhams, to close at 5.66 dirhams, then the share ” International Holdings “, and” Multiplay “in fourth place.».
In the Dubai market, “Emaar Properties” traded with a value of 106.5 million dirhams, closing at 6.4 dirhams, followed by “Dubai Financial” with a liquidity of 31.42 million dirhams, and closed at 1 , 69 dirhams, then “Dubai Islamic” with transactions of 26.7 million dirhams, reaching the level of AED 1.69.6.07 dirhams, and Emirates NBD, with the acquisition of 22 million dirhams, closes at 13.05 dirham.
“Al-Firdaws” recorded the highest increase in the Dubai market, 14.68%, closing at 0.203 dirhams, while “Shuaa Capital” recorded the largest decrease, 3.05%, to 0.413 dirhams.
The gains in the Abu Dhabi market were led by “ADC Corporation” of 9.68%, which closed at 1.7 dirhams, while the declines were led by “Fujairah Cement” of 9.81%, which reached the level of 0.432 dirham.
Nationality
Regarding the exchanges by nationality in the Abu Dhabi market, Arab and foreign investors tended to buy, with a net investment of 157.25 million dirhams, the proceeds of the purchase, of which 19 million dirhams came from the purchase. Arabs, and 138.2 million dirhams the proceeds from foreign purchases.
On the other hand, the investors and citizens of the Gulf tended to monetize, with a net investment of 157.25 million dirhams, the proceeds of the sale, distributed for 16.4 million dirhams, the proceeds of the sale of the citizens of the Gulf, and 140.8 million dirhams, the proceeds from the sale of citizens.
In the Dubai market, Arab and foreign investors and citizens tended to buy, with a net investment of 45.25 million dirhams, the result of the purchase, of which 7.4 million dirhams came from the purchase of Arabs, 24 million the proceeds from the purchase of foreigners and 13.7 million dirhams the proceeds from the acquisition of citizens The Arabs of the Gulf are about to liquidate, with a net investment of 45.25 million dirhams, the proceeds of the sale.
Institutions
The performance of investment portfolios, which tended to buy in the Dubai market, with a net investment of 18.13 million dirhams, as a result of the purchase, varied, while they tended to be liquidated in the Abu Dhabi market, with a net investment of 68.4 million dirhams following the sale.
On the other hand, individual investors tended to buy in the Abu Dhabi market, with a net investment of 68.4 million dirhams, as a result of the purchases, while they tended to be liquidated in the Dubai market, with a net investment of 18 , 13 million dirhams, following the sale.
–
