[ad_1]
Stock market gains from local stock markets topped AED 6 billion at close yesterday, with purchases targeting Emaar, Abu Dhabi, Etisalat and investor optimism.
The Dubai market rose 0.67% or 19.3 points to 2919.46 points, benefiting from real estate, investment and banking gains.The Abu Dhabi market gains 50.89 points, or 1.08%, to 4747.09 points, its highest level in 35 months, supported by Abu Dhabi First and Etisalat.
Total liquidity on both markets reached AED 280 million, distributed by 181.5 million in Dubai and Yuna 98.6 million in Abu Dhabi 157.76 million shares were traded, of which 135 million in Dubai and 22.76 million in Abu Dhabi through 3266 transactions.
According to the economic statement, the market capitalization of the two markets reached 858.2 billion AED (19659002) The Dubai Market
The rise of the Dubai market has supported the rise of the real estate sector 1.68% thanks to the strong support of Emaar Properties. After an increase of 2.7%, Arabtec 0.5%, Emaar Development 0.39%, Drake & Scull 0.87%, Damac 1.89%, Deyaar 0.93% and the index of banks in 0.1% rise Dubai Islamic Bank 0.2% And the stability of "Emirates NBD"
The investment sector has increased slightly by 0.03% after the rise of the Dubai Financial Market 0.3% and the stability of "Dubai Investment", while the transport sector grew by 0.28% with the rise of "Air Arabia" 0.94% While the insurance sector fell by 1.67% in because of profit taking on Salama shares of 3.53%, Aman of 3.82% and Takaful House of 4.97%.
Emaar Properties The Dubai financial market (DFM) lost 53.8 million dirhams in stock after being informed of the company's $ 1.4 billion asset sale, while that Tabreed came second with 16 million dirhams. (19659002) Salam Holding was the best winner with 11.2% and Refreshments of Dubai at 6.25%.
Abu Dhabi Market
The rise of the Abu Dhabi market boosted the banking sector by 1.4%, with Abu Dhabi First gaining 1.98%, Abu Dhabi Islamic Bank 1.56% after announcing a 3% increase in its medium-term earnings National Union, Sharjah Islamic Bank And the telecommunications sector grew by 1.75%, the share of "Etisalat" increasing by the same percentage.
The real estate sector has stabilized with the stability of the majority of its shares unchanged at Broadcast by "House" and "sun", in contrast, the energy sector decreased by 1.4 % with a decrease of "Dana Gas" 1.87% and "energy" of 2.4%.
while "ADNOC Distribution" increased by 0.41%. "Abu Dhabi" was the most traded stock with 35.4 million AED, followed by Etisalat (26.4 million AED), followed by Abu Dhabi Commercial Bank (ADX) with AED 17.76 million. (19659002) Gulf investors tended to buy yesterday in both markets with a net investment of about 60 million dirhams, while Arab and foreign investors and citizens were put up for sale with a net investment 60 million dirhams. 19659002] of which about 6 million for Arabs, 1.4 million for foreigners and 52.6 million for citizens. Investment portfolios have tended to buy, with a net investment of 33 million DA, of which 23 million in Abu Dhabi and 5 million in Dubai, while retail investors made a net investment of 33 million AEDs of which 23 million in Abu Dhabi and 5 million in Dubai. * Disclosures
Drake & Scull International has confirmed the continuation of Tabarak Investment as a strategic partner, and that the modification of the latter's stake to 142,15 million of the company's shares in the company was approved. equities equals 13.26% of capital As of July 16, 2018 due to the sale of margin by a financial institution during the month of July under a financing agreement.
The Emirates Refreshments Company Board of Directors held a meeting of the Board of Directors on Saturday to discuss financial statements for the second quarter of 2018 and internal matters.
Agility Public Warehousing Company announced that the Capital Markets Authority
Consulting
The Authority for Securities and Commodities (SCA) has requested investors to hire a financial advisory and analysis company or investment management companies approved by the Authority, In the absence of experience and information [19659002] Summary of Transactions
Subject Market of Dubai Market of Abu Dhabi
Index 0.67% + 1.08% +
Values AED 181.5 million AED 98.6 million
Sizes 135.02 The shares of the year 2005 were as follows: 22.7 million shares
Shops 2502 764
Top Salam Holding winners 11.2% + Abu Dhabi Shipbuilding 4.9% + [19659002] The lowest decline Dubai Refreshments 6.25% – Galfar 6.52% –
Source link
