Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, in conjunction with the stability of the dollar, the emergence of US job data, and the possibility of the Federal Reserve continuing to raise the interest rate.
According to the data of the UAE financial markets, the Dubai Financial Market recorded gains amounting to 3.155 billion dirhams, equivalent to 859 million dollars, and the Abu Dhabi Financial Market achieved gains amounting to 15 billion dirhams, with a total gain of 18.155 billion dirhams, equivalent to 4.94 billion dollars.
With the close of trading today, the Dubai Financial Market rose by 0.51 percent, to the level of 3400 points.
There were transactions in Dubai shares with a volume of 160.498 million shares, at a value of 254.784 million dirhams..
This came amid an increase in the shares of Dubai Islamic by 0.71 percent, DEWA by 0.84 percent, Emaar Properties by 0.36 percent, Emirates NBD by 0.74 percent, and GFH by 0.10 percent.
The market value of Dubai shares amounted to 589.936 billion dirhams at the end of trading today, compared to 586.781 billion dirhams at the end of trading on Friday, with profits amounting to 3.155 billion dirhams..
The Abu Dhabi Financial Market index rose by 0.68 percent, to the level of 9918 points.
There were transactions on Abu Dhabi shares with a volume of 179.309 million shares, at a value of 1.432 billion dirhams..
This came amid an increase in the shares of Abu Dhabi Islamic Bank by 1.05 percent, Al Dar Properties by 2.71 percent, Buruj by 0.46 percent, Dana Gas by 0.94 percent, Al-Alamiah Holding by 0.25 percent, and First Abu Dhabi Bank by 0.71 percent.
The market value of Abu Dhabi shares amounted to 2.482 trillion dirhams at the end of today’s trading, compared to 2.467 trillion dirhams at the end of Friday’s trading, with gains amounting to 15 billion dirhams.
