Money and business

“Dubai Financial” is flying above the level of 6000 points

The Dubai Financial Market ended dealings last week, up 0.69%, or 41.34 points, to close the transactions flying above the level of 6000 points, an adult 6030.55 points, supported by the performance of leadership stocks in the real estate, banking and industrial sectors.

The market capital of the market rose to about 1,0338 trillion dirhams at the end of yesterday’s session, compared to 1.0280 dirhams at the end of the previous week’s trading, with gains of 5.8 billion dirhams.

The market performance supported the banking sector increasing during last week’s trading by 1.68%, and the real estate sector by 1.03%, in addition to the growth of the industrial sector by 0.83%.

In addition, Eva’s shares jumped during last week’s trading by 5.71%to top the highest -higher shares list, and the shares of the Emirates Takaful climbed by 4.76%, and the share of Dubai Islamic Bank grew by 4.45%, and the Al -Khaleej Al -Mobal shares increased by 4.31%.

The share of “Dubai Investment” increased during last week’s trading by 3.5% after announcing its entry into talks with a number of banks with the aim of offering 25% of the shares of the Dubai Investment Development Company, one of its subsidiaries by next February in the Dubai Financial Market.

In a week, Emaar Real Estate shares acquired the largest share of liquidity at a value of 790.487 million dirhams, followed by Dubai Islamic Bank with a value of 278.914 million dirhams, “Talabat” with 277.9 million dirhams, and the Emirates NBD with 259.358 million dirhams.

At the level of daily performance, the Dubai Financial Market closed yesterday, up 1.239%, with trading estimated at 548.209 million dirhams, at about 190.775 million shares, after the implementation of 13.6 thousand deals.

In the Abu Dhabi Securities Market, the general index fell during last week’s trading by 0.2% to close at the level of 10014.15 points. The market capital increased in 5 trading sessions, to about 3.097 trillion dirhams at the end of yesterday’s session, compared to 3.096 trillion dirhams at the end of the previous week with the gains of about one billion dirhams.

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