Dubai Financial Market Gains 2.6 Billion Dirhams At The Beginning Of The Week

05 December 2022, Globe World News Echo

The Dubai Financial Market consolidated its gains at the close of trading today, and its market capitalization gained more than 2.6 billion dirhams, mainly supported by the gains of the leading stocks in the real estate and financial sectors.

The market capital of shares listed on the Dubai Financial Market increased from 582.4 billion dirhams at the end of last week, to more than 585 billion dirhams at the end of today’s session, while the market value of the Abu Dhabi Securities Market reached about 2.652 trillion dirhams.

Local stocks attracted more than 2.39 billion dirhams of liquidity, distributed by 1.76 billion dirhams in the Abu Dhabi market and 628.8 million dirhams in the Dubai market, and 640 million shares were traded through the implementation of more than 30,000 deals.

The performance of the Dubai market was enhanced by the rise in the share of “Emaar Properties” by 1.8% to 6.19 dirhams, as it topped the activity list after attracting liquidity by about 169.3 million dirhams. %.

In the Abu Dhabi market, the “Multiplay” share rose 2.26%, topping the list of activity after attracting liquidity of about 313.8 million dirhams. %, “Borouge” by 0.37%, and “Taqa” by 0.29%, and “Al-Alamiah Holding” rose by 0.02% and ranked second in the list of the most active companies with a liquidity of 213.7 million dirhams.