“Dubai Financial” profits 1.54 billion dirhams

Local stock markets attracted liquidity exceeding 1.2 billion dirhams at the end of yesterday’s trading, with “International Holding” and “Emaar Properties” topping the trades.

Liquidity was distributed at 964.44 million dirhams on the Abu Dhabi Securities Market, and 238.78 million dirhams on the Dubai Financial Market, after 265.32 million shares were traded through the implementation of more than 17.33 thousand transactions.

The Dubai Financial Market returned to gains at the end of trading on the third day of the week, as its market capitalization gained more than 1.54 billion dirhams, supported mainly by the gains of leading stocks in the real estate and financial sectors.

The market capitalization of shares listed on the Dubai market increased from 673.32 billion dirhams at the end of Tuesday’s session, reaching about 674.86 billion dirhams at the end of Wednesday’s session. The Dubai market index rose by 0.3% to 3,996.99 points, while the Abu Dhabi market index fell by 0.09% to 9,532.79 points.

The most traded stock in the Dubai Financial Market was “Emaar Properties”, rising by 0.14% at 7.08 dirhams, with trades approaching 68.97 million dirhams, while the Abu Dhabi market witnessed an increase of “International Holding” stock by 0.03% to reach the level of 399.7 dirhams, with a liquidity of 209.34 million dirhams.