The gains of the local stock markets reached 22 billion dirhams at the end of trading yesterday, and the Dubai Financial Market Index succeeded in approaching the level of 4,000 points again, supported by the gains of leading stocks in the real estate and banking sectors.
The market capitalization of listed stocks rose from 3.518 trillion dirhams at the end of Wednesday’s trading to 3.54 trillion dirhams at the end of Thursday’s session, distributed by 2.864 trillion dirhams for stocks listed on the Abu Dhabi Securities Market, and 675.414 billion dirhams for stocks listed on the Dubai market, while gains were distributed. The market value is 14 billion dirhams for the Abu Dhabi market, and about eight billion dirhams for the Dubai market.
Local stocks attracted liquidity of more than 1.92 billion dirhams, distributed by 1.19 billion dirhams in the Abu Dhabi market, and 721.6 million dirhams in the Dubai market, after about 500.17 million shares were traded through the implementation of 21.59 thousand transactions.
The general index of the Dubai Financial Market rose by 1.08%, or the equivalent of 42.76 points, to close at 3982.07 points, while the Abu Dhabi General Market index “Fadji” rose by 0.42% and reached 9475.99 points.
The director of Al-Ansari Financial Brokerage Company, Abdul Qader Shaath, said: “The local financial markets are witnessing a varied rise. Due to the rise in neighboring and global stock markets, amid an increase in investors’ risk appetite, after the decision to stabilize interest rates by the US Federal Reserve,” he pointed out that the Dubai Financial Market Index, from a technical standpoint, is close to touching 4,000 points despite the current sideways trend that it witnessed during the period. Last.
2023-12-14 22:00:27
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