The UAE financial markets surged at the start of today’s trading session, sending the Dubai Financial Market to a new high of 3,400 points, thanks to real estate and banking shares, as well as a drop in worldwide oil prices.
By 10:01 a.m. Abu Dhabi time, the Abu Dhabi market index had risen by 0.13% to 10,053 points.
The value of trading on the Abu Dhabi Stock Exchange was around 221.3 million dirhams, with 42.79 million shares traded.
Global Holding fell by 0.09%, First Abu Dhabi gained by 0.2%, Alphabet increased by 0.42%, Multiplay Group fell by 0.49%, and Abu Dhabi Ports rose by 0.2%.
ADNOC Distribution decreased by 0.65%, ADNOC Drilling decreased by 0.28%, and Eshraq increased by 2.22%.
Global Holding issues the most shares in terms of value, with around 66.3 million dirhams, whereas Eshraq has the most active shares in terms of volume, with 18.14 million shares.
The Dubai Financial Market index increased by 0.42% to 3407 points on the Dubai Financial Market.
The market performance corresponded with Emaar Properties rising by 0.69%, Union Properties rising by 2.5%, and Dubai’s market share and GFH stabilising.
Dubai Islamic increased by 0.85%, Salama increased by 0.88%, and Amlak decreased by 0.91%.
Meanwhile, in the Dubai market, 11 stocks increased, 8 sank, and 7 were stable.
Through 25.9 million shares, the market traded for about 38.4 million dirhams.
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