This came as investors were optimistic about the start of a marathon of listed companies’ disclosures of their quarterly results, with banks announcing strong results that exceeded expectations.
The market capitalization of listed stocks rose from 3.6 trillion dirhams in last Friday’s session to 3.63 trillion dirhams by the end of today’s session, distributed by 2.88 trillion dirhams for stocks listed in Abu Dhabi Market Securities: 753.5 billion dirhams for shares listed in Dubai Financial Market.
The daily gains were distributed at 24.8 billion dirhams for the Abu Dhabi Securities Market, and about 7.84 billion dirhams for the Dubai Financial Market.
The general index of the Abu Dhabi market, “Fadji”, rose by 1.13 percent to close at 9,307.68 points, amid trades that exceeded 1.43 billion dirhams, after 375.7 million shares were traded through 25.8 thousand transactions.
The general index of the Dubai Financial Market rose by 1.28 percent, or the equivalent of 57.73 points, to close at 4,536.92 points after more than 156.2 million shares were traded, with a value exceeding 407 million dirhams, through 10.7 thousand transactions.