The UAE stock markets recorded mixed performance in the middle of trading on Thursday, with the Dubai Financial Market declining slightly amid calm trading, while the Abu Dhabi Securities Exchange maintained its rise supported by increased buying power, coinciding with the end of the week session.
According to trading data, the Dubai Financial Market index fell by 0.09% to 6103.96 points, losing approximately 5.49 points. The market saw trading of 42.297 million shares with a total value of AED 98.560 million, executed through 2,579 transactions.
In the stock market, Dubai Refreshments led the gainers with a 14.848% increase, while Gulf Navigation Holding saw the largest decline at 9.633%. Alec Holding stood out as the most actively traded stock by value, with approximately AED 25.760 million changing hands, and by volume, with 17.080 million shares traded.
In contrast, the Abu Dhabi Securities Exchange (ADX) index rose by 0.258% to 9,978.77 points, an increase of 25.67 points. The market saw trading of 63,979,717 shares, with a total value of AED 242,622,332.836, executed through 4,268 transactions.
Gulf Cement shares led the gainers, rising 3%, while National Bank of Umm Al Quwain shares saw the largest decline, falling 6.734%. ADNOC Gas shares topped the overall market activity, with a value of AED 63.796 million and a trading volume of 18.264 million shares.