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Abu Dhabi and Dubai Stock Markets Gain 110 Billion Dirhams in Market Capitalization

Abu Dhabi, November 3 / WAM / Local stock markets consolidated their gains during the week’s trading, with their market capitalization gaining nearly 110 billion dirhams.

Market gains were distributed at 88 billion dirhams for the Abu Dhabi Securities Market, and 21.4 billion dirhams for the Dubai Financial Market.

The market capitalization of listed shares rose from 3.402 billion dirhams at the end of last Friday to 3.511 trillion dirhams at the end of today’s session, distributed by 2.849 trillion dirhams for shares listed on the Abu Dhabi Securities Market and 662.4 billion dirhams for shares listed on the Dubai Financial Market.

The FTSE Abu Dhabi General Market Index, “FADGI”, rose by 2.96 percent, or the equivalent of 273.64 points, to close at 9,510.49 points, while the “FADEX 15” index rose by about 3.18 percent, gaining about 286.59 points, to close at 9,281.34 points, and the general index of the Dubai Financial Market increased by 3.78 percent to close at 3929.81 points.

International Holding” topped the list of the most active in the Abu Dhabi market after attracting liquidity worth one billion dirhams to close at 399.5 dirhams, followed by “Alpha Dhabi” attracting 523.47 million dirhams to reach 18.84 dirhams, then “Multiplay” by about 480 million dirhams and reaching 3.61 dirhams.

In the Dubai market, “Emaar Properties” led the activity, attracting liquidity of about 546 million dirhams and closed at 6.83 dirhams, followed by “Emirates NBD” with liquidity of 151.3 million dirhams and closed at 17.6 dirhams, then “Ajman Bank” attracting 150 million dirhams and reaching 2.13 dirhams.

Awad Mukhtar/ Rami Samih/ Zakaria Mohieddin

2023-11-03 13:09:00
#billion #dirhams #gains #local #stocks #week

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