UAE financial markets saw active trading during yesterday’s session, with total liquidity exceeding AED 2.51 billion across Dubai Financial Market and Abu Dhabi Securities Exchange.

Liquidity in Dubai Financial Market reached AED 739.79 million, while Abu Dhabi Securities Exchange accounted for around AED 1.77 billion. Trading activity covered 637.25 million shares through 42,934 transactions in both markets.

The market capitalization of listed shares in the two markets stood at nearly AED 3.935 trillion. This was distributed between AED 1.01 trillion for Dubai Financial Market listed shares and AED 2.924 trillion for companies listed on Abu Dhabi Securities Exchange.

Dubai Financial Market closed higher by 0.116%, or 7.06 points, ending the session at 6,112.04 points. The market added more than AED 2.2 billion in market gains. Meanwhile, Abu Dhabi Securities Exchange closed at 9,993.42 points.

In Dubai, UAE national investors were net buyers, with a net investment of about AED 111.59 million. Their purchases exceeded AED 407.86 million, compared with sales worth AED 296.27 million.

Six stocks in Dubai Financial Market captured 77.2% of the market’s total liquidity. These were Emaar Properties, Emaar Development, Emirates NBD, Talabat, Salik, and Dubai Electricity and Water Authority “DEWA”.

The combined value of trading on these six stocks reached around AED 571.13 million, out of total Dubai Financial Market trading value of AED 739.79 million.

Emaar Properties led Dubai’s market activity in terms of liquidity, with trades worth AED 275.54 million. Emaar Development followed with AED 84.04 million, while Emirates NBD came third with AED 78.34 million in trading value.

Talabat ranked fourth with AED 51.15 million in trades, followed by Salik with around AED 41.99 million. DEWA came next with trading value of AED 40.05 million.

In Abu Dhabi Securities Exchange, part of the trading activity was concentrated in five major stocks: ADNOC Gas, Aldar Properties, ADNOC Logistics and Services, Alpha Dhabi, and Abu Dhabi Commercial Bank.

These five stocks accounted for 34.72% of Abu Dhabi market liquidity by the end of the session, with a combined trading value of about AED 615.32 million, compared with total market liquidity of AED 1.77 billion.

The session also witnessed the execution of a large direct deal on Abu Dhabi National Oil Company for Distribution “ADNOC Distribution” shares. The transaction was valued at AED 440.04 million, covering around 114 million shares at AED 3.86 per share.