The decline of the UAE financial markets at the end of the trading session on Friday

The decline of the UAE financial markets at the end of the trading session on Friday
The decline of the UAE financial markets at the end of the trading session on Friday
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Books by Hani Al-Houti

Friday, May 12, 2023 03:00 PM

The UAE financial markets declined, at the conclusion of today’s session, Friday, as the general index of the Dubai Financial Market fell by 0.27%, losing 9.74 points, to close at the level of 3559.09 points, and the trading volume reached 255.2 million shares, achieving a value of 369.3 million dirhams, through the implementation of 8119 transactions for 38 shares. .

5 sectors decreased on the Dubai Stock Exchange, led by consumer goods by 2.69%, followed by the communications sector by 1.73%, followed by the financial sector by 0.54%, then the public utilities sector by 0.35%, and finally the industry sector by 0.13%, while the real estate sector increased by 0.47%.

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8 shares increased, led by Gulf Navigation Holding Company by 3.39%, then the share of Deyaar Development Company by 1.92%, and 24 shares decreased, headed by Iktib Holding Company by 4.27%, then the share of Ithmaar Holding Company by 3.75%, while the share of Gulf Navigation Holding Company was issued. List of the most traded by value, with a trading volume of 86.3 million papers, at a value of 103.8 million dirhams.

The Vadax 15 index of the Abu Dhabi Securities Market fell, at the end of the trading session on Friday, by 0.362%, losing 39.79 points, to close at the level of 9634.8 points, and the market capitalization closed at the level of 2.666 trillion dirhams, and the trading volume amounted to 858.6 million shares, with a value of 193.1 million dirhams. By executing 11,867 transactions.

20 shares jumped on the Abu Dhabi Stock Exchange, led by the share of “Gulf Medical Projects Company” by 11.11%, then the share of “Sharjah Cement and Industrial Development Company” by 9.65%, then the share of “Chimera Standard & Poor’s Turkey Sharia Trader – Tranche (B)” by 7.06. %, and 41 shares declined, headed by the share of “Oman and Emirates Investment Holding Company” by 10%, then the share of “Ras Al Khaimah National Insurance Company” by 8.89%, then the share of “Q Holding Company” by 6.93%, while the share of the “International Holding Company” was issued. The most active list, according to value, amounted to 216.9 million dirhams.

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