Yesterday, during the first session of the week, trading volume on the country's stock markets exceeded 1.47 billion dirhams, with 660.08 million dirhams on the Dubai Financial Market and 817 million dirhams on the Abu Dhabi Securities Exchange. This was achieved through trading 561.51 million shares across 30,502 transactions. The market capitalization of listed shares on both exchanges reached approximately 3.68 trillion dirhams, distributed as 904.11 billion dirhams for the Dubai market and 2.782 trillion dirhams for the Abu Dhabi market. The Dubai Financial Market index closed at 5448.07 points, while the Abu Dhabi Securities Exchange index closed at 9625.19 points. In the Dubai market, shares of six companies—'Emaar Properties', 'Emaar Development', 'Dubai Islamic Bank', 'Emirates NBD', 'SALIK', and 'Gulf Navigation Holding'—accounted for 74.91% of market liquidity at the end of yesterday's session. The total trading value for these six shares was around 494.53 million dirhams, compared to the total Dubai market value of 660.08 million dirhams. 'Emaar Properties' led market activity with a trading volume of 346.47 million dirhams, followed by 'Emaar Development' at 51.77 million dirhams, and 'Dubai Islamic Bank' third with 35.98 million dirhams. 'Emirates NBD' ranked fourth with 24.92 million dirhams in trades, followed by 'SALIK' fifth with 21.82 million dirhams, and 'Gulf Navigation Holding' sixth with 13.53 million dirhams. During yesterday's session, resident investors made net purchases of approximately 39.58 million dirhams after recording purchases exceeding 424.09 million dirhams versus sales of 384.51 million dirhams. The session also saw two large direct trades in shares of 'Gulf Navigation Holding' and 'Union Properties' valued at 45.96 million dirhams, comprising 35.56 million dirhams for 20.8 million shares of 'Gulf Navigation' and 10.4 million dirhams for 14.65 million shares of 'Union Properties'. In the Abu Dhabi market, shares of five companies—'Alpha Dhabi Holding', 'International Holding Company', 'Aldar Properties', 'Eithad', and 'Abu Dhabi Commercial Bank'—accounted for 42.68% of market liquidity by the end of the session. The total trading value for these five shares was around 348.71 million dirhams, against the overall Abu Dhabi market value of 817 million dirhams. 'Alpha Dhabi Holding' led market activity with 98.7 million dirhams in trading, followed by 'International Holding Company' at 76.06 million dirhams, and 'Aldar Properties' third with 69.55 million dirhams. 'Eithad' ranked fourth with 52.31 million dirhams in trades, and 'Abu Dhabi Commercial Bank' fifth with approximately 52.06 million dirhams.
UAE Stock Market Trading Volume Exceeds 1.47 Billion Dirhams
Yesterday, during the first session of the week, trading volume on the country's stock markets exceeded 1.47 billion dirhams, with 660.08 million on the Dubai Financial Market and 817 million on the Abu Dhabi Securities Exchange. The market capitalization of listed shares on both exchanges reached approximately 3.68 trillion dirhams.