Local stock markets closed in the green zone at the end of the first sessions of the new year, as the Dubai Financial Market succeeded in rising to its highest levels in three months, with market gains of approximately 2.9 billion dirhams.
The market capitalization of listed stocks reached 3.641 trillion dirhams at the end of yesterday’s session, distributed by 2.95 trillion dirhams for stocks listed on the Abu Dhabi Securities Market, and 690.3 billion dirhams for stocks listed on the Dubai Financial Market.
The Dubai Financial Market Index rose by 0.77%, or the equivalent of 31.25 points, to close at 4,091.05 points, reaching its highest levels since the sixth of last October, and continuing its gains for the fifth session in a row.
The index rose in conjunction with the rise in the shares of “Takaful Emarat” by a maximum of 14.8%, the share of “Dubai Islamic Insurance and Reinsurance – Aman” by 10.6%, and “Salama Insurance” by 8.7%, while the shares of “Emaar Properties” rose by 0.76%. At 7.98 dirhams, with trades approaching 73.86 million dirhams.
“Amanat Holding” shares also rose by 5% to 1.26 dirhams, with trades approaching 63.47 million dirhams, while “Dubai Islamic” shares rose by 1.39% at 5.8 dirhams, with trades amounting to 28.84 million dirhams.
The FTSE Abu Dhabi General Market Index (FADGI) rose by 0.1%, closing at 9,588 points, with “Multiplay Group” shares rising by 0.6% at 3.2 dirhams, and “ADNOC Logistics” shares rising by 6.3% at 4.07 dirhams, recording the highest closing since its listing. Transactions exceeded 16 million shares.
“Ishraq Investment” shares also rose by 2.3%, and “Manazel Holding” shares rose by 0.9% at 0.353 dirhams.
2024-01-02 19:00:00
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