Dubai, UAE – Trading in local stock markets exceeded AED 8.58 billion last week (5 sessions). Distributed at 3.54 billion dirhams in the Dubai Financial Market. And 5.04 billion dirhams on the Abu Dhabi Securities Market, after trading in 2.79 billion shares through the implementation of 205,854 transactions.
The market capitalization of the shares listed on the two markets amounted to approximately 3.745 trillion dirhams. Distributed at AED 939.79 billion for shares in the Dubai market, and AED 2.806 trillion for shares listed on the Abu Dhabi market.
The Dubai Financial Market index closed at 5,708.78 points, while the Abu Dhabi Securities Market index closed at 9,677.72 points.
Real estate sector shares in Dubai Financial accounted for 44.6% of the total value of trading in the market, equivalent to 1.58 billion dirhams. This was led by Emaar Properties shares, which accounted for trades estimated at 1.24 billion dirhams. Trading in banking sector shares amounted to 731.18 million dirhams. It was followed by industrial sector stocks, where trading in shares of listed companies amounted to approximately AED 526.76 million.
During the week’s trading, citizen investors in the Dubai market tended to buy with a net investment of about 381 million dirhams. After recording purchases worth 1.856 billion dirhams, compared to sales worth 1.475 billion dirhams.
Citizen investors in the Abu Dhabi market also turned to buying, with a net investment of about 410 million dirhams. After recording purchases worth 2.78 billion dirhams, compared to sales worth 2.37 billion dirhams.
