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UAE stocks gain Dh8.6 billion on Monday

Wam/Abu Dhabi
Filed on August 25, 2020 | Last updated on August 25, 2020 at 01.24 am
uae, two, main, bourses, stocks, Dh8-6 billion, market cap

(Wam)

A total of 10,517 deals worth Dh880 million were conducted over 570 million shares.

Positivity continued to be felt on Monday in the UAE's two main bourses, earning the trading companies around Dh8.6 billion in market cap, driven by the top bank and realty stocks amid aggregate liquidity of Dh880 million through the flows of foreign and local companies.

In the capital, the main index closed 0.59 per cent higher than the last trading session at 4,569 pts. Dubai Financial Market likewise remarkably grew 2.03 percent by crossing the 3,000 mark.

FAB closed at Dh11.50 , and ADCB at Dh5.87. ADNIC jumped to Dh4.00 for the first time in a long time. In the DFM, Emirates NDP witnessed intensive trades worth around Dh144 million, sending it high to Dh11.30. Emaar continued its upward streak to Dh2.96 and Union Properties to 32 fils followed by Deyaar Development, 31 fils.

A total of 10,517 deals worth Dh880 million were conducted over 570 million shares.


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