UAE financial market indices continued their upward movement by the middle of Wednesday’s trading session, supported by sustained buying momentum in a number of leading stocks, along with a noticeable improvement in trading values and volumes across both markets.
Trading remained positive in both the Dubai Financial Market and the Abu Dhabi Securities Exchange, as investors focused on key stocks with a strong influence on market performance. This helped both markets strengthen their gains during the session.
Dubai Financial Market Index Rises 0.50%
The Dubai Financial Market index rose by 0.50 percent during mid-session trading, gaining 30.52 points to reach 6,135.50 points.
The value of trades in the Dubai market reached around AED 278.368 million, through the trading of 147.880 million shares, executed across 6,009 transactions.
In terms of stock performance, Aman led the gainers after rising by 3.63 percent, while BHM Capital topped the decliners with a drop of 4.27 percent.
Emaar Properties recorded the highest trading value in the market, attracting liquidity of AED 107.996 million. Meanwhile, Shuaa Capital was the most active stock by volume, with around 80.331 million shares traded.
Abu Dhabi Market Adds 20.98 Points
The Abu Dhabi Securities Exchange index also advanced by 0.209 percent, adding 20.98 points to reach 10,045.68 points by mid-session.
The market recorded trades worth AED 645.391 million, through the exchange of 157.713 million shares, executed across 13,698 transactions.
Ooredoo topped the list of gainers in the Abu Dhabi market after climbing by 10.394 percent, while National Corporation for Tourism and Hotels led the decliners with a fall of 3.356 percent.
ADNOC Gas dominated market activity in terms of both value and volume, recording trades worth AED 88.625 million through the trading of 25.974 million shares.
Active Liquidity Supports Both Markets
The mid-session performance reflects the continued positive tone in UAE financial markets, supported by movements in leading stocks and increased activity in several major shares.
The gains in both the Dubai and Abu Dhabi markets came alongside active trading, keeping investors focused on the direction of the indices through the close of Wednesday’s session.
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