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Despite the gains of the previous week, markets still dominate the markets. New investments in anticipation of results This had a significant impact on liquidity levels to fall to 1.41 billion dirhams distributed by 1.12 billion in Dubai and 286.3 million in Abu Dhabi.
1.14 billion shares were traded, including 1.01 billion in Dubai and 136.35 million Abu Dhabi making more than 18,000 transactions
The Dubai market gained 59.42 points , or 2.11%, the largest weekly rise of one month, to close at 2,880.42 points, ending a series of three weeks of losses, real estate, transportation, communications , the bank and the investment in return for a single decline in insurance
The Abu Dhabi market rose 0.95 percent, or 43 percent. (19659003) Raed Diab, deputy director of research at KAMCO Investment, said local markets had adopted positive behavior. Previous week's transactions outweighed the effects of the Abraaj problem, but the lack of liquidity remains an important factor as investors wait for new incentives in connection with the half-yearly financial statements.
Diab added that the markets strong buy during the period which is likely to stimulate investment funds and foreign institutions to establish new financial centers.
Diab noted that after the Dubai market has managed to exceed the level of 2877 Point should suddenly receive between 2950 and 3000 points, while in the Abu Dhabi market, we should see a movement of Purchase over point 4620 to predict a recent trend to resume contact with the last high level at 4745 points. Local UAE in a week Z social networking sites. You can also follow all the news via Facebook and Twitter.
Source: Constitution
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