Market gains for the month of April were split into 80.1 billion dirhams ($22 billion) for shares listed on the Abu Dhabi Stock Exchange, and 26.2 billion dirhams ($7 billion ) for shares listed on the Dubai Financial Market.
The market capitalization of shares listed on the two markets fell from 3,317 billion dirhams (900 billion dollars) at the end of March to 3,423 billion dirhams (930 billion dollars) at the end of the last April session. , split by $2.801 billion. of dirhams for shares listed on the Abu Dhabi Stock Exchange and 622.2 billion dirhams for shares listed on the Dubai Financial Market.
Local stocks attracted cash in April of around 26.6 billion dirhams, distributed by 20.6 billion dirhams in the Abu Dhabi market and 6 billion dirhams in the Dubai market, and around 6.9 billion shares were traded through the implementation of more than 332.7 thousand transactions.
Abu Dhabi market wins
The FTSE Abu Dhabi Market Index, ‘Fadji’, rose 3.81%, equivalent to 359 points, to close at 9,789.17 points, while the Abu Dhabi Market Index, ‘Vadex 15’ , rose 3.93%, or the equivalent of 365.6 points, to close at 9,660.21 points. The two indexes recorded the largest monthly increase since last October.
The rise in the Abu Dhabi market in April supported the rise of the financial sector by 2.95%, consumer goods by 9.58%, real estate by 15.2%, industrials by 1, 08%, energy 7% and communications 8.3%. the stock market index rose about 1.22%.
Shares in the Abu Dhabi market saw strong gains in April, with ‘Bayanat’ up more than 17.7%, ‘Aldar Properties’ 16.1%, ‘Abu Dhabi Islamic’ 13.8% , “Agthia” by 12.1%, “First Abu Dhabi” by 10.1% and “Dana Gao” by 9.7%, Abu Dhabi Ports 9.1%, A& 8.8%, ADNOC Drilling 8.6 %, ADNOC Gas 7%, Abu Dhabi Commercial 6.3%, ADNOC Distribution 5% and Multiple Play 3.7%.
“Al-Alamiya Holding” led the activity, attracting cash of more than 4.9 billion dirhams, followed by “Al-Afa Abu Dhabi” attracting around 2.14 billion dirhams, then “Multiple” 1.2 billion dirhams, “Al-Dar Properties” 1.16 billion dirhams, and “ADNOC Gas” 1.04 billion dirhams.
Dubai market gains
Dubai’s general financial market index rose more than 4%, or the equivalent of 138 points, in April to close at 3,544.79 points, close to its highest level in a year, l financial sector index up 6.7%. , real estate by 4.6%, industry by 4% and consumer goods by 13.2%.
Market performance in Dubai improved in April, with shares of “Dubai Islamic” rising 6.3%, “Emirates NBD” 7.2%, “Emaar Properties” 5.9%, “Al Ansari by 15.5%, “Dubai Financial Market” by 18.1% and “Air Arabia” by 3.3%, Salik by 3.46% and Tecom by 1.7%.
The share of “Emaar Properties” acquired the largest share of total transactions in April, attracting cash of around 1.37 billion dirhams, followed by “Emirates NBD”, attracting around 527.2 million dirhams, then “Ajman Bank” with 526.2 million dirhams, and “Dubai Islamic” with a liquidity of 524.8 million dirhams, and the Dubai Financial Market, 428.9 million dirhams.
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