The performance of the UAE stock market indices declined at the end of trading on Wednesday, before the release of the minutes of the Federal Reserve’s monetary policy meeting.
According to data from the UAE financial markets, the Dubai Financial Market incurred losses of AED 3.779 billion, and the Abu Dhabi Securities Market incurred losses of AED 5 billion, with total losses of AED 8.779 billion.
At the end of today's trading, the Dubai and Abu Dhabi stock exchanges attracted liquidity amounting to 1.710 billion dirhams, distributed over 24,784 thousand transactions.
The Dubai Financial Market index fell by 0.52 percent to 4,254 points, amid trading volume of 159.466 million shares, worth 456.836 million dirhams.
This came amid a 1.37 percent decline in Deyaar Development shares, 2.78 percent in Emaar Development, 0.86 percent in Dubai Investments, and 2.15 percent in Emirates NBD.
The market value of Dubai stocks reached 725.767 billion dirhams at the close of trading today, compared to 729.546 billion dirhams at the close of trading on Tuesday, with losses amounting to 3.779 billion dirhams.
The Abu Dhabi Securities Exchange index also declined by 0.11 percent to 9,389 points, amid trading volume of 576.129 million shares worth 1.253 billion dirhams.
This came amid a 0.60 percent decline in Alpha Dhabi Holding, 1.60 percent in Bayanat, 0.41 percent in Burooj, and 9.89 percent in Bank of Sharjah.
The market value of Abu Dhabi shares reached 2.781 trillion dirhams at the close of trading today, compared to 2.786 trillion dirhams at the close of trading on Tuesday, with losses amounting to 5 billion dirhams.
