Shares are consolidating and liquidity exceeds 1.2 billion dirhams

Local stocks attracted liquidity exceeding 1.2 billion dirhams yesterday, distributed by 1.031 billion dirhams in the Abu Dhabi market, and about 229 million dirhams in the Dubai market.

Shares held at relatively good levels, as the Dubai Stock Exchange index settled at 3,969 points, down 0.22%, while the Abu Dhabi Securities Market index settled at 9,481 points, down 0.41%, while the two markets witnessed a total of transactions exceeding 18.8 thousand.

“Commercial Bank of Dubai” shares were at the top of the rise, with a growth of 1.69%, followed by “Gulf Navigation” shares by 1.14%, and “Emaar Development” shares by 1.05%, while “Al-Ansari” shares rose by 0.94%, while “Tawuniya” shares achieved Al-Ittihad” growth by 0.83%.

In terms of declines, the shares of financial sector companies and investment groups were the most prominent decliners in the market, as the shares of “Shuaa Capital” declined 9.8%, which returned to trading after announcing its quarterly results, and “Dubai National Insurance” decreased by 5.2%, then the shares of “Aman” » by 3.6%, followed by “Mashreq Bank” shares by 3.3%, and “Tabreed” shares by 2.4%.

The most prominent risers in the Abu Dhabi market were the shares of insurance and investment companies, as the “Insurance House” stock topped the list with a growth rate of 14.9%, then the “Gulf Investment” stock rose by 6.2%, followed by the “Abu Dhabi Building Materials” stock by 5.9%, while the “Abu Dhabi Building Materials” stock achieved a growth rate of 14.9%. Fujairah Cement” with a percentage of 4.4%, then the shares of the “Swadetel” group with a percentage of 3.6%.

Ras Al Khaimah White Cement shares declined the most in the Abu Dhabi market in trading yesterday, by 9.4%, followed by “Gulf Cement” shares by 4.09%, then “Emirates Driving School” shares by 3.5%, while “Americana” shares declined by 3.5%. 3%, then Aldar Properties shares by about 2.6%.