1.47 billion dirhams in stock trading at the beginning of the week

Trading shares in the country’s financial markets during yesterday’s session, (the first session of the week), amounted to more than 1.47 billion dirhams, distributed by 660.08 million dirhams in the Dubai Financial Market and 817 million dirhams in the Abu Dhabi Securities Market, after trading 561.51 million shares through the implementation of 30,502 transactions.

The market capitalization of shares listed on the two markets amounted to about 3.68 trillion dirhams, distributed by 904.11 billion dirhams for shares in the Dubai Financial Market, and 2.782 trillion dirhams for shares listed on the Abu Dhabi Securities Market.

The Dubai Financial Market index closed at 5448.07 points, while the Abu Dhabi Securities Market index closed at 9625.19 points.

In the Dubai Financial Market, the shares of six companies: “Emaar Properties”, “Emaar Development”, “Dubai Islamic Bank”, “Emirates NBD”, “SALIC”, and “Gulf Navigation Holding”, acquired 74.91% of the market’s liquidity, at the end of yesterday’s trading.

According to market data, the total trading value of the six stocks amounted to about 494.53 million dirhams, while the trading value in Dubai Financial as a whole amounted to about 660.08 million dirhams.

In turn, “Emaar Properties” stock topped the market activity, in terms of liquidity, with about 346.47 million dirhams, followed by “Emaar Development” stock with 51.77 million dirhams, then “Dubai Islamic Bank” third with a trading value of 35.98 million dirhams.

“Emirates NBD Bank” stock came fourth with trades amounting to 24.92 million dirhams, while “SALIC” stock came fifth with liquidity amounting to about 21.82 million dirhams, followed by “Gulf Navigation Holding” stock with trades amounting to 13.53 million dirhams.

During yesterday’s transactions, national investors tended to buy with a net investment of about 39.58 million dirhams, after recording purchases worth more than 424.09 million dirhams, compared to sales worth 384.51 million dirhams.

Yesterday’s transactions witnessed the execution of two large direct transactions on the shares of Gulf Navigation Holding and Union Properties, at a value of 45.96 million dirhams, distributed at 35.56 million dirhams on 20.8 million shares of Gulf Navigation, and 10.4 million dirhams on 14.65 million shares of Union Properties.

In the Abu Dhabi market, the shares of five companies: “Alpha Dhabi Holding”, “International Holding”, “Aldar Properties”, “A&”, and “Abu Dhabi Commercial Bank”, acquired 42.68% of the market’s liquidity at the end of yesterday’s trading.

According to market data, the total trading value of the five stocks amounted to about 348.71 million dirhams, while the trading value in “Abu Dhabi Securities” as a whole amounted to about 817 million dirhams.

“Alpha Dhabi Holding” shares topped the market activity in terms of liquidity at about 98.7 million dirhams, followed by “International Holding” shares with 76.06 million dirhams, then “Aldar Properties” third, with a trading value of 69.55 million dirhams. “E&” stock came fourth, with trades amounting to 52.31 million dirhams, while “Abu Dhabi Commercial Bank” stock came fifth, with liquidity amounting to about 52.06 million dirhams.