Local stock markets rise after the Eid Al Adha holiday

Local bourses closed higher on Tuesday after trading resumed after the Eid al-Adha holiday, as the Abu Dhabi general market index rose 0.11% and Dubai closed at 9,171.35. The market rose 0.63% to close at 3,128.7 points.
Sharjah 24 – WAM:

Local bourses on Tuesday registered gains at the end of trade after the Eid al-Adha holiday resumed trading.

The Abu Dhabi general market index rose 0.11% to 9,171.35 points and the Dubai bourse closed 0.63% higher at 3,128.7 points.

The shares attracted liquidity of 1.4 billion dirhams, including 1.17 billion dirhams on the Abu Dhabi market and 233.5 million dirhams on the Dubai market, with 256.3 million shares traded, including 171.9 million shares and 84.3 million shares on the Abu Dhabi market. By executing 15.5 thousand contracts in the Dubai market.

The rise in Abu Dhabi market was led by leading shares such as “First Abu Dhabi” 0.76%, “Altar Properties” 1.83%, “Abu Dhabi Islamic” 3.5%, “Abu Dhabi Commercial” 1.58%. and “ADNOC Drilling” at 1.19%, Al Alamia Holding topped the list attracting more than Dh353.08 million in cash flow.

The Dubai market’s gains were mainly supported by a 1.16% rise in “Emaar Properties” shares, which topped the most active list in terms of values, attracting about 88.4 million dirhams, while “Deva” rose 0.39%. , and “Dubai Islamic” increased by 1.47%, and Emirates NBD” by 0.84%, and “TECOM” by 1.28%.

See also  Bitcoin will fall below $ 25,000 for the first time by the end of 2020 in the nerve market
  • Nadia Barnett

    "Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

    Related Posts

    • Economy
    • November 2, 2024
    • 73 views
    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    The wealth management landscape is undergoing a dramatic transformation, fueled by the rise of financial technology (fintech), according to fintech entrepreneur Emils Kerimovs. No longer exclusive to the ultra-wealthy, innovative…

    UAE Powering Gaming Boom in the Middle East

    The gaming industry in the Middle East is experiencing a growth spurt, with Saudi Arabia and the United Arab Emirates (UAE) among the countries attracting major investments. However, this digital…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space