Dubai, UAE – Liquidity of local stock markets amounted to more than AED 2.46 billion during Thursday’s session. Distributed at AED 969.87 million on the Dubai Financial Market, and AED 1.49 billion on the Abu Dhabi Securities Market. This came after trading 1.15 billion shares through 41,779 transactions.
The market capitalization of the shares listed on the two markets amounted to approximately AED 3.72 trillion, distributed as AED 937.86 billion for the shares of the Dubai market. And 2.782 trillion dirhams for shares listed on the Abu Dhabi market.
The Dubai Financial Index closed at 5,733.88 points, while the Abu Dhabi Securities Index closed at 9,545.51 points.
In the Dubai Financial Market, shares of six companies: Emaar Properties, Emirates NBD, Talabat, Taaleem Holding, Emaar Development, and Emirates Integrated Telecommunications – Du, accounted for 69.53% of the market’s liquidity at the end of trading.
According to market data, the total trading value of the six shares amounted to approximately AED 674.4 million. While the trading value in Dubai Financial as a whole amounted to about 969.87 million dirhams.
During trading, citizen investors tended to buy, with a net investment of approximately AED 132.59 million. After recording purchases worth more than 576.27 million dirhams. For sales worth AED 443.68 million.
The transactions witnessed the implementation of two large direct deals on Mashreq Bank shares worth 130.9 million dirhams. On 459.33 thousand shares of the bank’s shares at a price of 285 dirhams per share.
