10.35 billion dirhams UAE share cash flow in a week

The financial markets of the United Arab Emirates fell in the third week of June, with the US Federal Reserve raising interest rates by about 75 points, bringing the Abu Dhabi market down to 9,400 points under pressure from key stocks and the Dubai market. Below 3300 points, the FTSE Russell Review implemented its changes announced in the Dubai and Abu Dhabi financial markets on June 2, 2022, in which the Vertiglobe share was added by the index of large-capital companies and the global benchmark index indicators. And kept them under surveillance.

And local stocks attracted more than 10.35 billion dirhams a week in both markets, with liquidity focusing on 3 major stocks – International Holding, First Abu Dhabi and Multiplayer.

Compared to the trend of buying 531.06 million dirhams in the Abu Dhabi market, the trends of foreign investors vary week by week and tend to sell net in the Dubai market for 12.3 million dirhams.

The Abu Dhabi Securities Exchange index was down 1.96% at 9390, compared to the Abu Dhabi Securities Index’s 9578 points last week.

Abu Dhabi stock first fell to 3.46%, while Abu Dhabi Islami fell 2.55% and Abu Dhabi Commercial fell 4.73%.

Global holding was up 0.43%, while Etisalat Group was down 0.8%, Aglaby was down 1.96% and Vertiglobe was down 0.72%.

ADNOC drilling was up 2.42%, Dana Gas was down 1.83%, ADNOC distribution was down 1.91%, while Borouge stock was down 3.49%.

During the week, Aldar assets fell 7.54%, while Ras Al Khaimah real estate fell 5.69%.

Global Holding topped the list with shares of Abu Dhabi first with a trading value of 1.33 billion dirhams, followed by multiblay with a value of 732.8 million dirhams, attracting 1.77 billion dirhams.

The Abu Dhabi Stock Exchange traded at 8.46 billion dirhams and traded at 1.31 billion dirhams.

In the Abu Dhabi market, foreign investors sought to buy 531.06 million dirhams, and the total trade was 5.24 billion dirhams.

Emirates, on the other hand, sought to sell 10.97 billion dirhams with a total turnover of 501.23 million dirhams.

The Arabs sought to sell a net of 8.4 million dirhams, while the Gulf Arabs sought to sell a net of 21.38 million dirhams.

The Dubai Financial Market Index for the current week, the Dubai Financial Market Index fell 3.39% to 3262 points.

The Bank of India’s performance index was down 2.09%, while the investment index was down 6.93% and real estate was down 7.16%.

The value of trade in the Dubai financial market is about 1.89 billion dirhams.

Also the total value of the Dubai financial market this weekend was around 536.217 billion dirhams, up from 546.052 billion dirhams in the previous week.

The performance of the real estate index Emaar assets decreased by 7.65%, Union assets decreased by 12.21%, and Emaar growth decreased by 2.24%.

The performance of the investment index was down 6.67% for Dubai Investment and 7.2% for Shua Capital, while 7.01% for Dubai Financials.

This week, Emirates NBD is down 0.37%, Dubai Islamic 3.9%, GFH 8.93% and Amlock 2.67%.

Foreigners also sought to sell in the Dubai market with a net worth of 12.3 million dirhams, while the total shares were bought for about 642.288 million dirhams, while the total shares were sold for 654.608 million dirhams.

The Americans also sought to sell the net for 41.83 million dirhams, while the Arabs sought to buy 6.76 million dirhams and the Gulf Arabs net 47.39 million dirhams.