Emirates news agency – Capital markets raise gains to 9.9 billion dirhams in two sessions

ABU DHABI, May 3, / WAM – The pace of liquidity flowing into the UAE financial markets increased in the mid-week session, which jumped the value of the concluded deals to about 1.65 billion dirhams, while the market value gains of traded companies’ shares reached 4.5 billion dirhams at the close of trading.

In light of the continued positive performance of the financial markets, the total market value profits rose to 9.9 billion dirhams during two sessions .. and it was clear in the first quarter of the session that the markets were on their way to record further improvement, which actually happened after the prices of a group of stocks rose. Leadership amid continued intensive trading operations, as revealed by daily monitoring of transactions.

In detail and at the level of movement of general indicators, the general index of the Abu Dhabi Securities Exchange rose by approximately 0.3%, closing at the level of 6094 points, while the general index of the Dubai Financial Market jumped to the level of 2,653 points, a growth of 1.13% compared to the previous day’s session.

Emaar’s share continued to shine, rising to 3.91 dirhams amid the high pace of liquidity in circulation, which exceeded 78 million dirhams.

Integrated Telecom shares rose to 6.65 dirhams, Aramex to 3.98 dirhams, Dubai Islamic Bank to 4.50 dirhams, while the market share rose to 1.09 dirhams.

And in the Abu Dhabi Stock Exchange, the share of First Abu Dhabi Bank rose to 14.38 dirhams, amid trading value of more than 413 million dirhams, while the share of Aldar rose to 3.54 dirhams with deals worth 334 million dirhams.

For his part, the shares of the International Holding Company rose to 91 dirhams, with transactions worth 244 million dirhams, and agthia shares to 6.25 dirhams.

WAM / Nasser Aref / Assem Al-Khouli

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