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Abu Dhabi and Dubai Stock Markets See Continuous Gains, Market Capitalization Rises

Abu Dhabi, November 2, 2017 – Local stock markets increased their gains for the fourth session in a row, and their market capitalization gained more than 33.2 billion dirhams at the end of today’s trading.

Market gains were distributed at 31.4 billion dirhams for the Abu Dhabi Securities Market, and 1.8 billion dirhams for the Dubai Financial Market.

The market capitalization of listed shares rose from 3.466 billion dirhams yesterday to 3.499 trillion dirhams by the end of today’s session, distributed by 2.841 trillion dirhams for shares listed on the Abu Dhabi Securities Market and 658.3 billion dirhams for shares listed on the Dubai Financial Market.

Local stocks attracted liquidity of about 1.53 billion dirhams, distributed by 1.2 billion dirhams in the Abu Dhabi market and 323.6 million dirhams in the Dubai market, and about 425.1 million shares were traded through the implementation of more than 23.8 thousand transactions.

– Abu Dhabi Market.

The FTSE Abu Dhabi General Market Index, “Fadji,” rose by 0.6%, or the equivalent of 57.1 points, to close at 9,486.43 points, while the “Fadex 15” index rose by about 0.56%, gaining about 51.6 points, to close at 9,252.51 points.

International Holding” accounted for the largest share of trades at about 221.3 million dirhams to close at 399.5 dirhams, followed by “Al Dhabi” with about 112.5 million dirhams and closing at 18.8 dirhams, up by 0.11%, then “Multiplay” attracted 109.5 million dirhams to close up by 1.69%. At 3.6 dirhams.

– Dubai market.

The general index of the Dubai Financial Market rose by 0.53%, or the equivalent of 20.87 points, to close at 3,913.42 points, supported by gains in real estate sector shares, 1.92%, services, 0.77%, and industry, 0.58%.

“Emaar Properties” led the activity, attracting liquidity of about 120.6 million dirhams and closed at 6.77 dirhams, with a gain of 1.5%, followed by “Gulf Navigation”, attracting 40.9 million dirhams and closing at 7.14 dirhams, then “Ajman Bank” with liquidity of 30.9 million dirhams and reaching 2.12 dirhams, with a gain of about 2.9%.

Imad Al-Ali/Rami Samih

2023-11-02 12:14:23
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