Categories: Economy

Emirates Stock Markets See Surge in Shareholders and Liquidity, Fueled by Foreign Investors

The stock markets in the Emirates experienced a surge in shareholders in real estate and banking stocks, leading to a total liquidity of 1.626 billion dirhams in a session on Thursday. Trading was particularly active in leading stocks in banks and real estate in the UAE markets, especially in the last half-hour of the trading session, fueled by purchases by foreign investors.

In Dubai, the market index dropped by 0.04% to 3986.63 points, while Abu Dhabi fell by 0.2% to 8949.84 points. In Dubai, shares of prominent companies such as “Emaar Properties,” “Emaar Development,” “Emirates NBD,” and “Dubai Islamic” saw positive movements, contributing to the Dubai market index.

In Abu Dhabi, stocks like “First Abu Dhabi Bank,” “Abu Dhabi Commercial Bank,” “Abu Dhabi Islamic Bank,” “Aldar Properties,” and “Etisalat E” witnessed gains. Foreign investors, mostly non-Arabs, made net purchases of approximately 79 million dirhams, with 61.86 million dirhams in Abu Dhabi and 17.13 million dirhams in Dubai.

Overall market liquidity reached 1.6 billion dirhams, with 1.15 billion dirhams in Abu Dhabi and 476.2 million dirhams in Dubai. The number of shares traded was 316.15 million, with 202

Samantha Johnson

As a passionate content writer at newschemical.com, my name is Samantha Johnson. With a background in journalism and a keen eye for storytelling, I craft compelling articles that captivate and inform our readers. From breaking news to in-depth features, I strive to deliver content that is not only engaging but also insightful. With a love for words and a dedication to accuracy, I work diligently to keep our audience informed and engaged with the latest stories and trends. Join me on this journey through the world of news and knowledge at newschemical.com.

Share
Published by
Samantha Johnson

Recent Posts

Embracing Uniqueness: How Airlines are Partnering with Brands to Offer Memorable Flying Experiences

In recent years, airlines have faced increasing competition and pressure to offer unique and memorable…

2 mins ago

Ukrainian High Jumper Yaroslava Mahuchikh Clears World Record and Sets Example of Resilience

Yaroslava Mahuchikh from Ukraine set a new world record in high jump during a Diamond…

13 mins ago

Pearl Jam Returns to the Stage in Barcelona After Health Scare: Frontman Eddie Vedder Shares His Experience

Pearl Jam returned to the stage in Barcelona on Saturday night, after postponing three shows…

26 mins ago

Grand Slam Dominance: Carlos Alcaraz’s Epic Win at Wimbledon Extends His Streak

Carlos Alcaraz is one step closer to defending his Wimbledon title after a tough win…

49 mins ago

Sailors Battle through Strongest Winds at 2024 ILCA Under 21 World Championship in Viana do Castelo

The 2024 ILCA Under 21 World Championship in Viana do Castelo kicked off its final…

1 hour ago