Abu Dhabi: Muhannat Dagar

The Dubai Financial Market Index rose 0.97% to 3962.42 points yesterday, Thursday, led by Emirates NBD and Emaar Properties shares, while the Abu Dhabi bourse fell 0.15% to 9604.41 points.

Shares of Emirates NBD rose 3.85% to close at 16.15 dirhams (an all-time high), topping Dubai market trade with a value of 84 million dirhams.

Shares of “Emaar Properties” rose 2.26% to 6.79 dirhams, bolstered by cash flow of 67.8 million dirhams.

“Subscription” rose to a high of 0.288 dirhams with a turnover of 28.3 million dirhams, and “Itmar” rose 11.7% to 0.305 dirhams with 33.3 million dirhams of transactions.

Among other gains on the Dubai market, “GFH”, rose 3.77% to 1.1 dirhams, with liquidity of 84 million dirhams.

In the Abu Dhabi market, “IPEX Investment” continued its strong rise, which exceeded 13% during trading, and ended the session up 7.08% at a price of 2.27 dirhams, satisfied by a liquidity of 56.6 million. Dirhams.

“Manasil Real Estate” was also active with a value of 31.4 million dirhams, up 8.89% to 0.453 dirhams, while “ADNOC Supply” was up 0.62%, “ADNOC Gas” was up 0.63%, “Dana Gas” was up 2.89%. “ADNOC Distribution” 0.25%. %.

The markets received total liquidity of 1.7 billion dirhams, of which 1.17 billion dirhams were in the Abu Dhabi market and 530.7 million dirhams were in the Dubai market.

The stock prices of 51 companies rose while the stock prices of 33 companies fell, and this came through 32,929 transactions.

Dubai market

Broadly, the Dubai market index rose with gains in sectoral indices of real estate, financial and industrial stocks.

In the financial sector, “Dubai Financial Market” rose 0.62%, “Mashreq Bank” rose 5% and “Shua Capital” rose 0.52%, with stability in “Amlak” and “Securities”.

In real estate, “Emaar Development” gained 2.17% and “Tecom” gained 2.81%, while “Deyaar” was down 1% and “Union Properties” was down 1.08%. Among applications, “Empower” rose 0.52%, “Deva” declined 0.74% and “Tapreet” was flat ahead.

Among industrials, “Air Arabia” was down 0.79%, “Aramex” was down 1.37%, and “Dubai Investments” was down 1.21%, “Gulf Navigation” was down 0.17% and “Salik” was down 1.56%.

Abu Dhabi Market

In turn, the Abu Dhabi market index fell as sector indices of financial and communications stocks fell, along with real estate stocks’ volatility.

Declining in funds, “Al-Alamiah Holding” and “First Abu Dhabi” gained 0.14% and “Abu Dhabi Commercial” gained 0.97%, “Multiple Play” gained 0.3% and “Abu Dhabi Islamic” gained 0.19%. %

In real estate, the share of “Al-Dar” decreased by 0.95%, compared to the increase of “Ishrak” by 1.37%. In communications, “E&” fell 0.8%, ahead of “Yahsat” which rose 1.16%. And shares of “Alfa Abu Dhabi” and “Marine Dredging” stabilized in the industrial sector, “Abu Dhabi Ports” increased by 0.62% and “Amstel” was stable. “Bayanat” rose 0.95% and “Presite” rose 0.31%, ahead of “VirtGlobe” 1.47% and “Burouj” 1.45% decline.

Cash flow orientation

The liquidity of “Al-Alamiya Holding” share in the Abu Dhabi market was 200.8 million dirhams, closing at the level of 395 dirhams, followed by “Alfa Abu Dhabi” with a liquidity of 114.7 million dirhams, which reached the level of 21.2. dirhams, then by attracting 88.26 million dirhams “Multiplay” 3.39 dirhams and “ADNOC Supply” had transactions of 80.3 million dirhams and closed at 3.27 dirhams.

In Dubai, Emirates NBD, Emaar Properties, GFH and Ithmaar topped the market by liquidity respectively.

Nationalities

In terms of trading by nationals in the Abu Dhabi market, Arab and Gulf investors tended to buy, with net investment of 57.52 million dirhams as a result of purchases, 14 million dirhams as a result of Arab purchases and 43.47 million dirhams as a result of purchases from Gulf nationals.

On the other hand, foreign investors and citizens tended towards liquidation, with a net investment of 57.52 million dirhams from sales proceeds, 24.95 million dirhams from sales by foreigners and 32.5 million dirhams from sales by citizens.

In the Dubai market, foreign investors tended to buy with a net investment of 44.1 million dirhams. The proceeds from sales include 8.85 million dirhams from the sale of Arabs, 14.98 million dirhams from the sale of Gulf nationals and 20.27 million dirhams from the sale of nationals.

Companies

The performance of investment portfolios varied towards liquidation in the Abu Dhabi market with a net investment of 6.65 million dirhams, while proceeds from sales tended to buy in the Dubai market with a net investment of 14.2 million dirhams. Purchase income.

On the other hand, individual investors tended to buy in the Abu Dhabi market with a net investment of 6.65 million dirhams, while they tended to liquidate in the Dubai market with a net investment of 14.2 million dirhams. Sales revenue.