With 3.6 billion dirhams .. a jump in the liquidity of UAE stocks in two sessions

The liquidity of the UAE stocks made a big jump to 3.6 billion dirhams in two sessions, as the flow of liquidity to the UAE financial markets continued in the mid-week session, in light of the varying movement of general indicators in the Abu Dhabi and Dubai financial markets.

The value of the deals concluded in the markets at the end of transactions amounted to 1.8 billion dirhams, which raised the total value of deals in two sessions to 3.6 billion dirhams.

The continued flow of liquidity came in conjunction with some stocks maintaining their strong activity, after the shares of International Holding Company and Alpha Abu Dhabi became the top of the list of the most attractive stocks for investors, as the first jumped to a new record price level, rising to 114.6 dirhams, amid deals worth 417 million dirhams.

For his part, Alfa Abu Dhabi shares rose on the second day of its listing in the Capital Market to 16.90 dirhams, amid trading value of 130 million dirhams.

On the level of other stock movement, the First Abu Dhabi Bank’s share closed at 16.30 dirhams, while the share of Aldar Properties reached 3.81 dirhams.

The value of the deals concluded in Abu Dhabi amounted to 1.65 billion dirhams, while the number of traded shares reached 231 million shares, executed through 5,427 deals.

While the general index of the Abu Dhabi market rose to the level of 6749 points, a growth of 0.63% compared to the previous day, the general index of the Dubai Financial Market closed at 2839 points.

The “Emaar” share was exposed to a partial profit, closing at 4.21 dirhams, as was the case for the share of Emaar Malls 2.07 dirhams, and Emaar Development at 3.80 dirhams, and the situation was not different for the Dubai Islamic Bank share, which closed at 4.83 dirhams.

The value of trading in Dubai amounted to 150 million dirhams, and the number of traded shares was 112 million, executed through 2188 transactions.