Limited profit taking stops the green inventory trail

The first session of the last week of July dominated local capital markets. Limited profit-taking has been targeted on some stocks, highlighting the continued appetite of foreigners and institutions, albeit at moderate rates given liquidity levels.
Daily badysis of the Gulf market revealed a non-Arab buying trend with a net investment of AED 17 million, of which AED 13.8 million in Abu Dhabi, AED 3.2 million in Dubai, and investment portfolios of more than 40 million. AED as a purchase.
The market attracted cash of AED 275 million, of which AED 182 million in Dubai, AED 93 million in Abu Dhabi and 247.2 million shares outstanding, ie 180.2 million shares in Dubai and 67 million shares in Abu Dhabi.
Shares of 58 companies were traded, shares of 26 companies increased, while shares of 23 companies declined.
The Dubai Financial Market index fell 0.16% to 2,846 points as real estate and investment stocks declined.
The real estate sector fell by 1.11%, with Emaar Properties down 1.34%, Deyaar 0.59%, Emaar Development 1.08%, Emaar Properties 1.9% and Union Properties 0.27% %.
The investment sector fell by 0.25%, with Dubai Investments down 0.72%, Dubai Financial Market up 1.31% and Shuaa under stabilization.
This occurred at a time when the banking sector has only slightly increased, Islamic Dubai progressing by 0.57% and Emirates NBD down 0.43%.
The transport sector grew by 1.54%, with an increase of 2.53% for Aramex and 1% for Gulf Navigation, with a stabilization of Air Arabia.
The Abu Dhabi Securities Exchange Index fell 0.73% to 5348.49 points, with the decline of banks, real estate, telecommunications and energy.
The banking sector fell by 0.79% after that of Abu Dhabi I by 1.12%.
The real estate sector fell 1.6% after the decline of "Aldar" by 1.69% and "RAK Properties" by 0.21%. The telecommunications sector fell by 0.56%, with Etisalat falling in the same direction.
Energy fell by 2% after the 2.78% decline of Dana Gas, the 1.09% distribution by ADNOC and the 0.65% loss for TAQA.
On the contrary, the investment sector grew by over 1%, benefiting from the 1.92% rise in Waha Capital. In terms of revenue, the list of "Aramex" issued 26.15 million euros, closed at 4.45 dirhams, followed by liquidity "GFH" of 21.3 million dirhams, and increased by 0 , 43% to close at 0.934 AED, then "DAMAC" 20.8 million AED, closed at 0.998 AED.
In Abu Dhabi, Dana Gas achieved a business turnover of 34.5 million from AED, closing at 1.05 AED, followed by Aldar Properties with a liquidity of 24.24 million. 39; AED to close at 2.39 AED and Abu Dhabi Islamic Bank at 4.88 EUR. AED.
"Al Salam Holding" was the most active gain in the Dubai market with a loss of 4.17% against AED 0.5. Emaar Properties was the main drag, falling 1.9% to 2.06 AED.
Ras Al Khaimah Cement, the biggest winner in the Abu Dhabi market, closed at AED 1.01 or 14.51%, while BILDCO shares fell 9.91% and closed at AED 0.4.
In terms of nationalities, foreign investors and GCC countries tended to buy, with a net investment of AED 37 million, of which about AED 20 million from GCC buyers and 17 million AEs from foreigners. Of which AED 14.7 million came from the sale of Arabs and 22.2 million from the sale of nationals.
Non-Arab foreign investors focused their purchases on Dana Gas, Aldar Properties, the Dubai Financial Market, Union Properties and Dxp, while their sales were concentrated on Gf, CAD and Deyaar shares.
Investment portfolios continued to inject more investment, with a net purchase of AED 40.45 million, of which AED 25.75 million in Dubai and AED 14.7 million in Abu Dhabi.
On the other hand, retail investors tended to sell, with a net investment of 40.45 million AED, for a total of 25.75 million AED, in Dubai and 14.7 million. millions of AED in Abu Dhabi.