Abu Dhabi’s market trade exceeds 2.6 billion dirhams

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Hussam Abdulnabi (Dubai)

The Abu Dhabi Securities Exchange regained its spark during a trading session yesterday, where the total trading value jumped to 2.637 billion dirhams and the market index managed to close above the 10,000 point level, specifically at the level of 10046.9 points, after an increase of 1.6 pct. The market value of Abu Dhabi shares also increased by around 16 billion dirhams, reaching 1.957 trillion dirhams. According to data from the Abu Dhabi Securities Exchange, the total trading value jumped to 2.637 billion dirhams after trading 328.17 million shares during the implementation of 13,120 transactions. Out of 55 companies whose shares have been traded.
“ADNOC Distribution” topped the list of active shares in terms of trading volume of 83.92 million shares, followed by “Aldar Properties” with trading volume of 47.19 million shares and then “Multiplay Group” with 32.25 million shares.
The shares of “First Abu Dhabi Bank” have reached the highest trading value of 560.85 million dirhams, followed by “Etisalat” with a value of 442.25 million dirhams, then “ADNOC Distribution” with a trading value of 351.36 million dirhams. The development of stocks on the Abu Dhabi Stock Exchange tended to rise yesterday as the list of high stocks topped the “ADC Corporation for Acquisition” by 22.28% to close at 2.25 dirhams, followed by “National Corporation for Tourism and Hotels “with 7.64% at the level of 3.1 dirhams, then” National Corporation for Tourism and Hotels “with 7.64% at the level of 3.1 dirhams. BILDCO “increased by 7.43% to reach 0.188 dirhams.