The UAE financial markets continued to rise at the close of trading today, the mid-week session, to record the Abu Dhabi market, the highest level ever, while the Dubai market approached 3,400 points, the highest level in two months, with the continuation of the marathon of announcing financial statements for the first half of 2022.
Foreigners seized the opportunity to buy in the UAE financial markets with a net of 2003 million dirhams, amid a momentum of liquidity exceeding 1.76 billion dirhams.
Abu Dhabi market
At the conclusion of today’s session, the Abu Dhabi market index rose by 0.81% at the level of 10,239 points, as a new record level.
The value of trading in the Abu Dhabi market amounted to 1.41 billion dirhams, while the trading volume amounted to 230.5 million shares.
The performance of the market came with the increase of Global Holding by 3.33%, while the First Abu Dhabi stabilized, and the decline of Affabeby by 0.17%.
Meanwhile, the Multiplay Group rose by 0.95%, ADNOC Distribution rose by 2.18%, and Borouge rose by 0.65%, as well as Abu Dhabi Ports rose by 2.48%, while the Etisalat Group declined by 1.4%.
Global Holding shares topped the shares in terms of trading value with a value of 370.838 million dirhams, while Multiplay topped the active shares in terms of trading volumes by about 73.6 million shares.
The share of marine dredgers led the Abu Dhabi market rises by 6.96%, while the National Tourism led the market declines by 9.8%.
Foreigners tended to buy in the capital market, with a net of 156.16 million dirhams, while Gulf Arabs bought with a net of 8.6 million dirhams, and Arabs sold with a net of 3.9 million dirhams, while Emiratis sold a net of 160.81 million dirhams.
Dubai market
The Dubai Financial Market index rose 0.25% to 3,394 points, with 13 stocks rising.
The value of trading in the Dubai market reached 352.477 million dirhams, with a trading volume of 219.58 million shares.
Emaar shares topped the shares in terms of trading value with a value of 155.34 million dirhams, and Gulf Navigation topped the shares in terms of trading volumes with 114.9 million shares.
With regard to real estate shares in the Dubai market, Emaar Properties rose by 1.78%, while Deyaar Development rose by 0.79%.
The performance of the market coincided with the decline of Dubai Islamic by 0.16%, while the Emirates NBD stabilized, as did the Dubai market share, while Amlak fell by 1.74%.
Foreigners tended to buy in the Dubai market, with a net of 47.16 million dirhams, while Gulf Arabs sold with a net of 4.55 million dirhams, as well as Arabs sold with a net of 20.87 million dirhams, and Emiratis sold a net of 21.73 million dirhams.
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