Monday 2 January 2023 – 6.17pm
ABU DHABI, January 2nd / WAM / Abu Dhabi stock market consolidated its gains at the close of trading today after its market capitalization gained more than AED 13.7 billion, buoyed by gains in major stocks of the financial sector, utilities and industries, at a time when calm dominated the trading of the Dubai financial market.
The market capital of listed shares reached 3.218 trillion dirhams, distributed by 2.638 trillion dirhams for shares listed on the Abu Dhabi Stock Exchange and 581.9 billion dirhams for shares listed on the Dubai Financial Market.
Local stocks attracted more than 1.1 billion dirhams of cash, distributed 1.04 billion dirhams in the Abu Dhabi market and 103.6 million dirhams in the Dubai market, and about 227.8 million shares are been traded through the implementation of over 10.9 thousand transactions.
Abu Dhabi market index, ‘Vadex 15’, rose 0.43% to 10,232.41 points, while FTSE general market Abu Dhabi index, ‘Fadji’, rose 0.41 %, closing at 10,252.72 points, while the overall Dubai market index reached 3,330.9 points.
The performance of the Abu Dhabi market was strengthened by the increase of shares such as “Multiple Play” by 3.88%, “Borouge” by 3.56%, “TAQA” by 2.33%, “ADNOC Drilling” by 1 .68%, “ADNOC Distribution” 1.13%, “Aldar Properties” 1.13% and “A & A” 1.05%, “First Abu Dhabi” 0.58% and ” Abu Dhabi Commercial” by 0.56%.
“Al-Alamiya Holding” led the business, attracting cash of more than AED 247.2 million, followed by “Alpha Abu Dhabi Holding” which attracted around AED 186.7 million, then “Multiplay” and “Borouge” with liquidity of 126.9 million dirhams and 56.5 million dirhams, respectively.
In the Dubai financial market, “Emaar Properties” increased by 0.68%, “Air Arabia” by 0.93%, “Dubai Investments” by 0.92%, “Salik” by 0.8%, “Tabreed” by 0.67% and “Emaar Development” led the business after attracting liquidity by more than 24.6% AED one million, then “Emaar Properties” with around AED 13.9 million, and “Dewa” with 10.5 million dirhams.
Abdel Nasser Menem / Ramy Samih
