Abu Dhabi: Muhannad Dagher
UAE stocks rose slightly on Thursday, supported by banking sector stocks in the Abu Dhabi market, and “Emaar Development” and “DEWA” stocks in Dubai, while foreign investor transactions calmed down during a session that witnessed mixed performance during the leading stocks.
The capital market index rose by 0.3% to 9239.38 points, while the Dubai index increased by 0.15% to 4246.67 points.
Among the most prominent supporters of the Dubai Index was “Emaar Development” stock, which rose 1.28% to the level of 8.67 dirhams, as well as “DEWA”, which rose 0.41% to 2.43 dirhams.
In the Abu Dhabi market, the Abu Dhabi banking trio rose, as “First Abu Dhabi” increased by 1.21% to the level of 13.4 dirhams, and “Abu Dhabi Commercial” increased by 1.08% to the level of 8.42 dirhams, and the same rate increased by 1.08% for “Abu Dhabi Islamic”, which closed at 11.22 dirhams.
The shares attracted a total liquidity of 1.17 billion dirhams, including 874.8 million dirhams in the Abu Dhabi market, and 300.2 million dirhams in the Dubai market, and the traded quantities of shares were 340.37 million shares, distributed as 200.8 million shares in Abu Dhabi, and 139.57 million shares in Dubai.
The share prices of 52 companies rose, while the share prices of 26 companies fell, and this came through the implementation of 21,491 transactions.
The Abu Dhabi Market Index received support from the sectoral indices of financial, communications and energy stocks. In the financial sector, along with Abu Dhabi banks, “Multiplay” shares rose 2.28%, while “International Holding” stabilized and “Ras Al Khaimah National” declined 2.87%.
In the communications sector, “Etisalat E&” rose 1% and “Yahsat” rose 0.9%. In the energy sector, shares of “ADNOC Distribution” rose 0.27%, “ADNOC Drilling” rose 1%, “ADNOC Gas” rose 0.95%, and “Dana Gas” rose. » 0.15%.
Regarding the industrial sector, “Alpha Dhabi” rose by 0.26%, “Emirates Steel – Arkan” by 0.7%, “ADNOC Logistics” by 0.74%, and “Marine Dredgers” by 1.93%, while “Abu Dhabi Ports” decreased by 0.53%.
In real estate, “Aldar” shares declined 0.37%, “Ishraq” 0.36%, and “Manazel” 0.33%, with “Ras Al Khaimah Properties” remaining stable without change. In the health care sector, “Burjeel” increased by 1.64%, while “PureHealth” decreased by 1%.
In turn, the Dubai market index rose with mixed performance of leading stocks in the real estate, financial, industrial and utilities sectors.
In the financial sector, “Mashreq Bank” rose by 4.67%, “Commercial Dubai” by 0.15%, “GFIC” by 0.2%, and “Amlak” by 0.23%, compared to the decline of “Emirates NBD” by 1.15% and “Dubai Islamic” by 0.17%. «Dubai Financial» 1.37%.
In real estate, “Deyaar” rose 0.24% and “Emaar Development” rose 1.28%, compared to the decline of “Emaar Properties” by 0.58%, “Tecom” by 2.19%, and “Union Properties” by 0.67%.
In the industrial sector, “SALIC” increased by 3.03%, “Dubai Investments” by 0.43%, “Dubai Taxi” by 0.4%, and “Gulf Navigation” by 0.32%, compared to the decline of “Air Arabia” by 0.7%, “Aramex” by 0.81%, and “Parkin” by 1.06%. .
In light of the rises in “DEWA” by 0.41% and “Empower” by 0.61% in public utilities, “Tabreed” decreased by 3.19%.
Abu Dhabi’s liquidity was led by “International Holding” with a value of 198 million dirhams, closing at the level of 399.5 dirhams, followed by “Alpha Dhabi” with a liquidity of 86.8 million dirhams, reaching the level of 15.36 dirhams, then “Multiplay”, attracting 48.15 million dirhams to close at 2.24 dirhams, and “PureHealth.” With liquidity of 36.4 million dirhams, it closed at 3.86 dirhams.
In Dubai, trading was led by “Emaar Properties” with a liquidity of 72 million dirhams, closing at 8.5 dirhams, followed by “Emaar Development” with a liquidity of about 30 million dirhams, reaching 8.67 dirhams, “Parkin” with a liquidity of 26.7 million dirhams, closing at 2.79 dirhams, and fourthly, “Dubai Islamic.” With 25 million dirhams in liquidity, it closed at 5.76 dirhams.
Regarding trades according to nationalities in the Abu Dhabi market, Arab, Gulf and foreign investors tended towards buying, with a net investment of 18.7 million dirhams as a result of purchases, of which 9.9 million dirhams were the result of purchases by foreigners, 8.27 million dirhams were the result of purchases by Gulf citizens, and 503 thousand dirhams were the result of purchases by Arabs, and in return. Citizen investors moved towards liquidation, with a net investment of 18.7 million dirhams as a result of the sale.
In Dubai, Gulf investors and citizens moved towards buying, with a net investment of 10.8 million dirhams as a result of purchases, of which 6.7 million dirhams were the result of purchases by citizens, and 4 million dirhams were the result of purchases by Gulf citizens.
On the other hand, Arab and foreign investors moved towards liquidation with a net investment of 10.8 million dirhams as a result of the sale, of which 10.6 million dirhams were the result of the sale of foreigners, and 212 thousand dirhams were the result of the sale of Arabs.
In turn, investment portfolios tended towards liquidation with a net investment of 57.3 million dirhams as a result of sales, of which 26.27 million dirhams were the result of sales in Abu Dhabi, and 31 million dirhams were the result of sales in Dubai.
On the other hand, individual investors tended to buy, with a net investment of 57.3 million dirhams as a result of a purchase, of which 26.27 million dirhams were a result of a purchase in Abu Dhabi, and 31 million dirhams were a result of a purchase in Dubai.
2024-04-04 19:59:39
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