Two stocks led the gains in the UAE stock markets in the middle of trading on Wednesday, in line with the collective rise of the general indices, amid growing liquidity levels.
According to trading data, Ooredoo's stock led the gainers in the Abu Dhabi Securities Exchange at midday, achieving a significant jump of 10.394%, bringing the stock price to AED 14.020, with trades worth AED 701.00, which contributed to supporting the market's upward trend.
The Abu Dhabi Securities Exchange (ADX) index rose by 0.209%, gaining 20.98 points to close at 10,045.68 points. Total trading value at midday reached AED 645.391 million, with 157.713 million shares traded across 13,698 transactions.
In the Dubai Financial Market, Aman Company’s stock ranked first among the rising stocks at mid-session, after its price rose by 3.63% to reach 0.399 dirhams.
The stock witnessed active trading, during which 1,428,576 shares were exchanged, with a total value of 565,951.89 dirhams, reflecting the clear desire of investors to buy.
The Dubai Financial Market index rose 0.50% by midday, gaining 30.52 points to reach 6135.50 points. Investors injected liquidity worth AED 278.368 million, traded through the exchange of 147.880 million shares via 6,009 direct transactions.