The UAE stock market indices recorded an increase during the middle of trading on Thursday, supported by positive movements in major stocks, with improved liquidity levels and increased activity in the financial and real estate sector stocks.
In the Dubai Financial Market, the general index rose to 6029.77 points, an increase of 37.54 points, or 0.626%. The total trading volume reached approximately 112.6 million shares, with a total value of AED 267.6 million, through 5370 transactions.
In the list of rising stocks, Mazaya led with a rise of 9.37%, followed by Tabreed with 3.87%, Salik with 2.53%, Spinneys with 2.52%, Salik with 2.19%, and then Deyaar with 1.94%.
As for the declining stocks, the most prominent was the share of Iktitab with a decrease of 3.04%, followed by Emirates Driving with a decrease of 1.77%, followed by NH with a decrease of 1.75%, and Gulf Navigation with a decrease of 1.75%.
In the list of stocks with the highest trading value, Emaar Properties topped the list with a trading value of AED 68.8 million, followed by Ajman Bank with AED 24.7 million, then Air Arabia with AED 21.6 million, Salik with AED 17.1 million, and Dubai Islamic Bank with AED 16.5 million.
In terms of trading volume, Drake & Scull shares came out on top with a volume of 23.2 million shares, followed by Ajman Bank with 17 million shares, Deyaar Development with 10.1 million shares, Talabat with 8.2 million shares, and Alec with 5.8 million shares.
As for the Abu Dhabi Securities Exchange, the index rose to 10020.12 points, an increase of 5.26 points, or 0.053%. Trading value reached approximately 637.4 million dirhams, with a trading volume of 180.5 million shares, through 12,520 transactions.
The list of rising stocks was led by Eshraq, which rose by 5.50%, followed by GFH at 3.74%, ADNOC Logistics at 2.83%, Gulf Cement at 2.43%, and Abu Dhabi Ports at 1.76%.
As for the declining stocks, Aram led the way with a 7.03% drop, followed by Agthia Group with a 6.19% decrease, Hayat Insurance with a 2.67% decrease, and Commercial International Bank with a 2.37% decrease.
The most traded stocks by value were ADNOC Logistics with AED 200.3 million, followed by Aldar Properties with AED 67.6 million, ADNOC Gas with AED 43.4 million, ADNOC Drilling with AED 41.1 million, and ADNOC Distribution with AED 25.5 million.
In terms of trading volume, ADNOC Logistics led the way with 34.4 million shares, followed by Eshraq Investments with 17.8 million shares, then Agility with 15.9 million shares, ADNOC Gas with 12.6 million shares, and Aldar Properties with 7.4 million shares.
