Emirates Stock Markets Surge in Interest from Shareholders, Reach Record High Liquidity

The Emirates Stock Markets experienced a surge of interest from shareholders on Thursday, with real estate and banking stocks attracting the most attention. Total liquidity reached 1.626 billion dirhams during the session, and trading in leading stocks in banks and real estate was particularly active.

During the last half hour of trading on Thursday, there was significant activity in Dubai’s market index, which fell by 0.2% to 8949.84 points. In contrast, the Abu Dhabi market index dropped by 0.04% to 3986.63 points.

The performance of certain stocks had a significant impact on both markets, with shares of Emaar Properties, Emaar Development, Emirates NBD, and Dubai Islamic experiencing increases in Dubai’s market index. Meanwhile, shares of First Abu Dhabi, Abu Dhabi Commercial, Abu Dhabi Islamic, Aldar, and Etisalat E& rose in the capital market index.

Foreign investors (non-Arabs) played a crucial role in driving the stock markets in the Emirates forward by making net purchases of around 79 million dirhams throughout the session. While they purchased more in Abu Dhabi than Dubai overall, their impact was felt across both markets as they bought shares from various companies listed on them.

Liquidity reached a total of 1.6 billion dirhams during the session, with over 22 thousand transactions implemented across both markets. The stock prices of forty companies rose while fifty-eight companies fell during this time period.

Overall, traders and investors closely monitored market movements throughout the day and made decisions based on changing trends and developments as they observed a mix of rises and falls across sectors and individual stocks.

In Dubai’s market index, declines were mainly driven by pressure from specific stocks within the industrial sector while banking and real estate stocks contributed to reducing pressure on other sectors.

Different nationalities participated in trades throughout both markets; for example,”Emaar Properties” led trades in Dubai while “Emirates NBD” led trades in Abu Dhabi.

Traders were closely monitoring changes within each sector as well as individual stocks for their overall performance throughout the day.

In conclusion, stock markets in Emirates experienced an influx of shareholders due to strong demand for real estate and banking stocks resulting in high liquidity reaching almost 1.6 billion dirhams during one session that had active trading across different sectors with a mix