UAE stock market indices were mixed at the close of trading on Wednesday, ahead of a key US inflation data release that could provide more clarity on the Federal Reserve's interest rate path.
According to data from the UAE financial markets, the Dubai Financial Market’s losses amounted to AED 248.9 million, while the Abu Dhabi Securities Exchange achieved market gains of AED 1.738 billion.
The Dubai and Abu Dhabi stock exchanges attracted liquidity amounting to 1.438 billion dirhams, distributed over 28,140 transactions.
At the end of today's trading, the Dubai Financial Market Index fell by 0.142 percent to 3,980 points, amid trading volume of 347.981 million shares worth 417.19 million dirhams.
This came amid a 0.36 percent decline in Dubai Islamic Bank, 0.47 percent in Dubai Investments, 0.45 percent in Dubai Taxi, and 0.87 percent in DEWA.
The market value of Dubai shares reached 670.640 dirhams at the close of trading today, compared to 670.889 billion dirhams at the close of trading on Tuesday, with losses amounting to 248.9 million dirhams.
The Abu Dhabi Securities Exchange index rose by 0.332 percent to 8,948 points, amid trading volume of 261.683 million shares worth 1.021 dirhams.
This came amid a 0.13 percent rise in Abu Dhabi Commercial Bank, 2.02 percent in Aldar Properties, 1.44 percent in Burjeel Holdings, and 0.83 percent in FertilGlobe.
The market value of Abu Dhabi shares reached 2.610 trillion dirhams at the close of trading today, compared to 2.608 trillion dirhams at the close of trading on Tuesday, with gains amounting to two billion dirhams.
