Monday 21 November 2022 – 4.06pm
ABU DHABI, November 21st / WAM / Local equity markets attracted liquidity that surpassed AED 1.55 billion by the end of the early week’s trading session, with its main concentration in real estate, financials and banking stocks.
Liquidity was distributed for 1.29 billion dirhams on the Abu Dhabi Stock Exchange and 252.5 million dirhams on the Dubai Financial Market, after trading 478.6 million shares through the implementation of more than 20.9 thousand transactions.
The Abu Dhabi Market Index, “Vadex 15”, reached the level of 10366.29 points, and the FTSE Abu Dhabi General Market Index, “Fadji”, reached the level of 10,399.28 points, while the Dubai General Market Index reached the level of 3339.25 points.
In the Abu Dhabi market, shares of “Ras Al Khaimah National” increased by 1.72%, “Ishraq Investment” by 1.01%, “Burjeel Holding” by 0.83%, and “Multiple Play” by 0.42%, and “Al-Alamiah Holding” outperformed the activity, attracting liquidity of over 205.2 million dirhams.
ADNOC Drilling was up 0.29%, with the company announcing the signing of an agreement to acquire three new advanced self-climbing offshore drilling rigs, for a total value of AED1.17 billion.
In the Dubai market, “Empower” rose by 0.74%, “Dubai Financial Market” by 0.64%, “Dubai Investments” by 0.44%, “DU” by 0.35% and “Shuaa Capital” by 0.24%.
Reda Abdel Nour / Ramy Samih
