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Emirates News Agency – Dubai market gains AED 1.6 billion at start of week

ABU DHABI, January 9 / WAM / Local stock markets attracted cash of around AED 1.6 billion as of today’s close of trading, and Dubai financial market gained more than AED 1.63 billion, buoyed by gains from leading stocks in the real estate and banking sectors.
Liquidity was distributed for 1.32 billion dirhams on the Abu Dhabi Stock Exchange and 249.8 million dirhams on the Dubai Financial Market, after trading 447.3 million shares through the execution of over 18.9 thousand transactions.
The Dubai General Market Index rose 0.59%, or the equivalent of 19.55 points, to close at 3321.99 points, while the Abu Dhabi Market Index “Fadex 15” reached the level of 10102.44 points and the FTSE Abu Dhabi General Market Index “Fadji ” reached the level of 10170.37 points.
The performance of the Dubai Financial Market strengthened, with the share of “Emaar Properties” increasing by 1.38% to 5.85 dirhams, and “Dubai Islamic” by 1.42% to close at 5.68 dirhams, and “Dewa” was up 0.43% to 2.3 dirhams, and “Salik” was up 0.79% to 2.55 dirhams.
‘Gulf Navigation’ led the activity, attracting more than 81.8 million dirhams of cash, followed by ‘Emaar Properties’, attracting more than 36.5 million dirhams, then ‘Emirates NBD’ with a cash of 35, 3 million dirhams.
In the Abu Dhabi market, “A&” grew by 3.07%, “Abu Dhabi Ports” by 2.54%, “Agthia” by 1.79%, “ADNOC Distribution” by 1.32%, “ Marine Dredging” by 1.2%, “Yahsat” by 0.78% and “Abu Dhabi”. Al-Islami “0.44% and “Furtgelube” 0.25%.
“Al-Alamiya Holding” led the activity, attracting 257.6 million dirhams, and closed up 0.02%, at 408.7 dirhams, followed by “Alpha Abu Dhabi” with cash at 183.3 million dirhams, followed by “First Abu Dhabi”, which attracted around 109.5 million dirhams.

Reda Abdel Nour / Ramy Samih

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