“Dubai Financial” profits 5.6 billion dirhams and touches the level of 4800 points

At the end of yesterday’s trading, local stock markets attracted liquidity of approximately 1.57 billion dirhams, at a time when the market capitalization of the Dubai Financial Market gained more than 5.64 billion dirhams, touching its highest levels in more than 10 years again at 4,800 points, supported by gains in leading stocks. In the “real estate” and “banking” sectors.

Liquidity was distributed at 1.05 billion dirhams on the Abu Dhabi Securities Market, and 521.63 million dirhams on the Dubai Financial Market, after trading 517.87 million shares, through the implementation of more than 36.86 thousand transactions.

The Dubai Financial Market General Index rose by 0.025%, or the equivalent of 1.21 points, to close at 4795.32 points, touching its highest level since August 2014, while the Abu Dhabi General Market Index (FADGI) rose by 0.38% to the level of 9270.55 points.

The performance of the Dubai Financial Market was strengthened with the share of “Emaar Properties” rising by 0.54%, with liquidity recorded at 83.04 million dirhams, and “SALIC” by 0.2%, with liquidity reaching 28.13 million dirhams, and the share of “Emaar Development” rising by about 0.89%.

Talabat stock topped the active market in its second session, attracting liquidity of more than 201.288 million dirhams, coinciding with the announcement by FTSE Russell Global Indices that it would include Talabat stock in the FTSE Global Financial Market Index Series, on Monday, 23rd. December 2024. Talabat will join the global benchmark index, the large-cap companies index, and the emerging companies index.

In the Abu Dhabi Securities Market, the shares of “International Holding” rose by 0.02%, with liquidity recorded at about 101.48 million dirhams, topping the activity list in terms of value, and the shares of “Lulu Group” rose by 0.53%, and “Aldar Properties” by 1.25%.

. 521.6 million dirhams in liquidity attracted by the Dubai Financial Market.