The performance of the UAE financial market indices varied at the end of trading on Tuesday, with the Dubai Financial Market declining while the Abu Dhabi Securities Market rose, amid expectations of a reduction in US interest rates next September.
According to data from the UAE financial markets, the Dubai Financial Market incurred losses of AED 4.157 billion, while the Abu Dhabi Securities Market gained AED 9 billion at the close of trading.
The Dubai and Abu Dhabi stock exchanges attracted liquidity amounting to 2.251 billion dirhams, distributed over 39,125 thousand transactions.
At the end of today's trading, the Dubai Financial Market index fell by 0.56 percent to 4284 points, with trading volume of 297.176 million shares worth 672.260 million dirhams.
This came amid a 4.15 percent decline in Dubai Commercial Bank shares, 1.68 percent in DEWA, 1.31 percent in Dubai Taxi, and 0.64 percent in du.
The market value of Dubai stocks recorded 716.458 billion dirhams at the close of trading today, compared to 720.615 billion dirhams at the close of trading on Monday, with losses amounting to 4.157 billion dirhams.
In contrast, the Abu Dhabi Securities Exchange index rose by 0.011 percent to 9,396 points, amid trading volume of 399.192 million shares worth 1.579 billion dirhams.
This came amid a 9.43 percent rise in Alpha Dhabi Holding shares, 3.59 percent in Aldar Properties, 0.91 percent in Abu Dhabi Commercial Bank, and 0.41 percent in Burooj.
The market value of Abu Dhabi shares reached 2.749 billion dirhams at the close of trading today, compared to 2.740 trillion dirhams at the close of trading on Monday, with gains amounting to 9 billion dirhams.
