HomeWorldMiddle EastDubai Financial Market ends Strong with DFM Index at 4079.42 Points

Dubai Financial Market ends Strong with DFM Index at 4079.42 Points

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Dubai: The Dubai Financial Market maintained its position above the level of 4050 points at the end of yesterday’s trading session, and the index closed at 4079.42 points, in conjunction with the rise of the consumer goods sector index by 0.77%, communications by 0.75% and financials by 0.18%, while the Abu Dhabi market index recorded an increase of 0.38% to The level of 9824.2 points.

Liquidity

At the end of the session, the shares in the two markets attracted liquidity of about 1.84 billion dirhams, distributed by 1.43 billion dirhams in the Abu Dhabi market and 413.34 million dirhams in the Dubai market, and about 619.3 million shares were traded through the implementation of 28.4 thousand transactions. It was 3.52 trillion dirhams and at the end of last Friday to 3.532 trillion dirhams, distributed by 2.843 trillion dirhams of shares in the Abu Dhabi Stock Exchange and 689.1 billion dirhams of shares in the Dubai Financial Market.

Yesterday’s session witnessed an increase in the shares of 34 companies, while the shares of 50 companies declined.

Dubai market

4 shares in the Dubai Financial Market accounted for 49.2% of the total market liquidity, amounting to 413.34 million dirhams, with its concentration mainly in the financial, real estate and industrial sectors, which are companies: “Emaar Properties”, “Al Ansari”, “Gulf Navigation”, and “Dubai Islamic, with a liquidity of about 203.35 million dirhams.

The shares of “Al-Firdous Holding” and “Al-Mashreq” topped the rises of 15 companies in the Dubai market at the end of the first sessions of the week, rising 8% and 5.5%, and the “Al-Ansari” share was among the most heavily traded companies, at about 56.8 million dirhams, after the company announced its plans.

Dubai Refreshments rose 3.3%, Shuaa Capital 2.9%, Gulf Navigation 2.4%, Emirates NBD increased 0.29%, Dubai Investments 0.4%, Tecom 0.39%, Tabreed 0.92% and du. » 0.75%.

The share of Emirates NBD Bank rose by 0.3% at the price of 17.05 dirhams, and the share of «Emaar Properties» increased by 0.14% at the price of 7.08 dirhams. 

Abu Dhabi market

The FTSE index closed the Abu Dhabi General Market “Fadji” at the level of 9824.2 points, up by 0.38%. The market witnessed an increase in shares of Gulf Medical Projects by 11.4%, ESG Stallions 5.97%, Multiple Play 4.4%, and Burjeel Holding increased 3.4%, at a price of 2.70 dirhams. With transactions exceeding 21 million shares, Fertiglobe shares increased by 1.7%, Aldar Properties by 0.95%, and First Abu Dhabi by 0.28%.

The share of “Q Holding” won the largest share of the liquidity of the Abu Dhabi market by about 236.5 million dirhams, then “Al-Alamiah Holding” with a liquidity that exceeded 208.5 million dirhams, followed by “Multiplay“, which attracted 191.1 million dirhams.

Abu Dhabi National Takaful shares jumped 15%, and Q Holding 14.6%, by the maximum limit at the end of the session.

Dubai Financial Market ends Strong with DFM Index at 4079.42 Points

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