The UAE stock markets witnessed a positive performance in the middle of trading on Thursday, as the main indices in both the Dubai Financial Market and the Abu Dhabi Securities Exchange continued to make gains.
This performance was reflected in the overall trading activity, recording remarkable volumes and values, with trading focused on real estate, banking and energy stocks, which indicates the continued confidence of investors in the country’s vital economic sectors.
The Dubai Financial Market recorded a notable rise, with the index climbing to 5926.96 points, achieving an increase of 20.32 points, or 0.344%.
The total value of trades reached approximately 280,408 million dirhams, with a total trading volume of 98,217 million shares, and these trades were executed through 6,115 thousand transactions.
Dubai Financial Market shares achieved the highest increase at 3.165%, while Gulf Navigation Holding shares experienced the largest decline at 9.980%. Emaar Properties shares were the most active in terms of value, recording trades worth AED 93.022 million, while Ajman Bank shares were the most active in terms of volume, with 14.333 million shares traded.
The Abu Dhabi Securities Exchange also maintained its upward trajectory, as its index rose to 9,915.12 points, an increase of 43.80 points and a rise of 0.444%.
The market witnessed significant activity, with the total trading value reaching AED 723,909 million, with a trading volume of 210,859 million shares, and these trades were carried out in 14,117 transactions.
Julphar shares recorded the highest increase at 4.95%, while Fujairah Building Industries shares recorded the largest decline at 9.7315%. Aldar Properties shares were the most active in terms of value, with trades amounting to AED 99.465 million, and ADNOC Gas shares topped the list of most active in terms of volume with 19.479 million shares traded.