Emirates news agency – 54 billion dirhams record earnings for local shares at the end of the negotiations

ABU DHABI, October 4 / WAM / Local equity markets consolidated their gains at close of trading today and its market capitalization reached nearly Dh54 billion, with the Abu Dhabi market rising at its highest daily pace in more than two weeks, while the Dubai market has grown at its highest pace since mid-May.
The market capital of the listed shares went from AED 2,774 at the end of yesterday’s session to AED 2,828 trillion at the end of today’s session, distributed by AED 2,248 trillion for shares listed on the Abu Dhabi Stock Exchange and AED 579.8 billion. dirham for shares listed on the Dubai financial market.
The local shares attracted more than AED 1.73 billion of cash, distributed as AED 1.34 billion in the Abu Dhabi market and AED 386.3 million in the Dubai market. Approximately 501.3 million shares were traded through the implementation of over 21,2 thousand transactions.
The Abu Dhabi “FADEX 15” market index rose 1.53% to close at 9,878.34 points, while the FTSE Abu Dhabi General Market “Fadji” index rose 1.48% to close at 9,909.08 points, which is the largest rate of increase for the two indices since the session on September 16, with the rise in the Finance sector index 0.95%, real estate 4.06%, communications 3.08%, raw materials 0.76%, energy 1.53% and industry 1.72%.
The performance of the Abu Dhabi market is strengthened, with the shares of “TAQA” up by 7.92%, “Abu Dhabi Ports” 5.2%, “Aldar Properties” 4.5%, “E &” 3.15 %, “ADNOC Distribution” 2.04%, “Dana Gas” 1.95% and “Dana Gas” 1.95%. Abu Dhabi Islamic Bank 1.77% and Alpha Abu Dhabi 1.67%.
Shares of “Borouge” increased by 1.42%, “Yahsat” by 1.14%, “First Abu Dhabi” by 1.12% and “Agthia” by 1.05% and “International Holdings” “outperformed the business, attracting cash of around 296.3 million dirhams and closed 0.42% at 360 dirhams, was followed by” Multiplay “, which attracted 149.8 million dirhams, up by 4.05%.
The Dubai General Market Index was up 1.8%, or 59.69 points, making the largest one-day gain since May 13, closing at 3,379.42 points, with the industry index. banking up by 2.13%, investments by 1.88%, real estate by 2.91% and transport by 0.13%.
The rise of the Dubai market was supported by the rise in real estate stocks, led by “Emaar Properties” after a 2.94% rise, “Emaar Development” 3.27% and “Tecom” 1.33%, and bank shares rose with the growth of “Dubai Islamic” by 1.69% and “Emirates NBD” by 3.5%.
Investment shares, led by the “Dubai Financial Market”, increased by 3.5%, while “Dubai Investments” increased by 1.3% and “Shuaa Capital” by 1.26% and in the transport sector “SALIC” grew by 3.63% and “Aramex” by 0.26%. “Emaar Properties” overtook the business, attracting AED 116.15 million, followed by “Salik” with AED 69.5 million, and then “Dubai Islamic” with AED 68.6 million.

Mustafa Badr El Din / Ramy Sameeh