Thursday, July 29, 2021

19 billion dirhams, the gains of the Abu Dhabi market at the beginning of the week

Abu Dhabi (WAM)

The Abu Dhabi Securities Exchange started its trading on the first day of the week with activity amid the continuation of intensive trading of local and foreign portfolios, which raised the total value of transactions concluded at the end of the session to 1.2 billion dirhams, while the market value gains reached 19 billion dirhams. It was clear since the beginning of trading that the market was on its way to achieving more gains, which actually happened less than a quarter of an hour after the start of the session, with the support of large purchases on a segment of the leading stocks. The general index of the Abu Dhabi Securities Exchange succeeded again in breaching the 6900 points barrier, reaching 6,948 points, with a growth rate of 0.72% compared to last Thursday’s session. The Alpha Abu Dhabi share rose during trading to above the barrier of 19 dirhams, before reducing its gains and finally closing at 18.88 dirhams, a growth of 8.13%, with transactions worth 178 million dirhams. The share of the International Holding Company reached the level of 124.5 dirhams, amid deals worth more than 322 million dirhams. The Aldar share rose to 3.80 dirhams, and the ADNOC Distribution share scored 4.39 dirhams, while the First Abu Dhabi Bank share closed at 16.76 dirhams. The list of gainers also included the share of Ras Al Khaimah Cement Investment, which closed at two dirhams, Agthia of 5.90 dirhams, and Gulf Cement 79 fils. The number of shares traded in the capital market reached 153 million, executed through 4249 transactions.

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