Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, amid investors’ expectations that the US Federal Reserve will stop raising interest rates during its meeting this week.
According to the data of the UAE financial markets, the Abu Dhabi Stock Exchange achieved profits amounting to 25 billion dirhams, equivalent to 6.8 billion dollars.
And with the close of trading today, the Dubai Financial Market index rose by 0.187 percent, to the level of 3993 points.
There were transactions on Dubai shares with a volume of 263.134 million shares, at a value of 473.480 million dirhams.
The market value of Dubai shares amounted to 679.877 billion dirhams at the close of trading today, compared to 680.703 billion dirhams at the close of Thursday’s trading, with losses amounting to 826 million dirhams.
The Abu Dhabi Securities Market index rose by 1.154 percent, to the level of 9740 points.
There were transactions on Dubai shares with a volume of 258.836 million shares, at a value of 1.164 billion dirhams.
The market value of Abu Dhabi shares amounted to 2.737 trillion dirhams at the close of trading today, compared to 2.712 trillion dirhams at the close of Thursday’s trading, with gains amounting to 25 billion dirhams.
The Dubai Financial Market recorded market gains amounting to 170.715 billion dirhams, and the Abu Dhabi Stock Exchange achieved market profits amounting to 984 billion dirhams, with a total gain of 1.154 trillion dirhams, equivalent to 314 billion dollars.
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