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UAE Financial Market Indices Continue to Decline for Third Consecutive Session

UAE Financial Market Indices Continue to Decline for Third Consecutive Session

Abu Dhabi – Mubasher: Profit-taking operations continued to pressure the path of UAE financial market indices for the third session in a row.

The Dubai Securities Market index fell by 0.46% to 4,082.34 points, with BMH Capital topping the list of decliners by 10% to 3.51 dirhams, Dubai National Insurance by 9.091% to 4.5 dirhams, and National International by 7.246% to 1.28 dirhams.

Shuaa also fell by 6.356% to 0.221 dirhams, and Aramex fell by 3.721% to 2.07 dirhams.

While the stocks that rose the most were Aman, 3.261% at 0.475 dirhams, Empower 2.703%, at 1.9 dirhams, Ittaba, 1.969%, to 0.259 dirhams, and Tecom, 1.465%, to 2.77 dirhams.

For its part, the Abu Dhabi Market Index fell by 0.17% to 9,761.36 points, with Baldco shares falling by 9.86% to 0.256 dirhams, Insurance House by 8.39% to 0.819 dirhams, and Hayah Insurance by 8.33% to 1.10 dirhams.

Foodco shares also fell by 6.33% to 1.48 dirhams, and Fujairah Cement shares fell by 5.19% to 0.365 dirhams.

The highest gainers in the Abu Dhabi market were Gulf Investment Bank, which rose 14.85% to 2.63 dirhams, Commercial International Bank, 6.06%, to 0.7 dirhams, and Americana Restaurants, 3.68%, to 3.38 dirhams.

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2024-01-16 12:18:10
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