1.51 billion dirhams in market gains for Dubai Financial in two sessions

The Dubai Financial Market increased its gains and gained a market capitalization of about 1.51 billion dirhams at the end of the first two sessions of this week (Monday and Tuesday), with dealer activity focusing on the leading stocks in the real estate and banking sectors.

The market capitalization of shares listed on the Dubai Financial Market rose from 916.084 billion dirhams in last Friday’s session (the weekend session), to 917.593 billion dirhams at the end of yesterday’s session.

At the end of yesterday’s session, the Dubai Financial Market attracted liquidity of approximately 685.54 million dirhams, coinciding with “Emaar Properties” and “Aramex” topping the activity list.

The Dubai Financial Market index closed up by 0.24% at the level of 5245.55 points, stable at its highest levels in more than 10 years, while the Abu Dhabi Securities Market index “Fadji” also rose by 0.4% to reach the level of 9498 points.

In the Dubai market, “Emaar Properties” stock led activity, attracting liquidity of about 166.35 million dirhams, and closed at 12.7 dirhams, followed by “Aramex” stock, with liquidity amounting to 92.68 million dirhams and closing up by 7.55% at 2.85 dirhams, then “Talabat” attracting 67.91 million dirhams. AED to close at 1.63 Dirham.

The value of citizens’ “purchases” of shares in the Dubai Financial Market amounted to about 349.588 million dirhams, compared to “sales” worth 313.606 million dirhams, so that the total was a “purchase” worth 35.982 million dirhams.

The value of individual purchases amounted to 235.824 million dirhams, compared to sales of shares worth 195.305 million dirhams, bringing the total “purchase” to about 40.518 million dirhams.

While the total number of foreign investors’ transactions amounted to sales amounting to about 35.9 million dirhams, after purchases worth 313.606 million dirhams, and sales worth 349.588 million dirhams.

Institutions also tended to sell at a value of about 490,234 million dirhams, compared to purchases worth 449,716 million dirhams, bringing the net institutional investment in sales to about 40,518 million dirhams.

On the Abu Dhabi Securities Market, “International Holding” shares accounted for the largest share of trading, with liquidity of 183.37 million dirhams, and closed at 401.90 dirhams.