The UAE stock indices saw mixed performance on Thursday, with the Dubai market index rising by 0.02% to 4232.94 points while the Abu Dhabi market decreased by 0.09% to 9263.96 points. The session was marked by fluctuations in performance, with selective buying of shares in the banking, industrial, and energy sectors.
During the session, Parkin Company’s shares rose by 4.71% to 2.89 dirhams, attracting liquidity of 46.25 million dirhams. Overall, there was a total liquidity of 1.6 billion dirhams, with traded quantities of shares reaching 453.3 million shares.
The Abu Dhabi market index declined due to varying performance in sectors such as financial, real estate, industrial, utilities, and energy. In contrast, the Dubai market index rose with an increase in sectoral indices for financial and industrial stocks while real estate and utilities declined.
In terms of trading by nationalities, foreign investors tended to buy in the Abu Dhabi market while Gulf and foreign investors tended to buy in the Dubai market. On the other hand, national investors moved towards liquidation in Abu Dhabi while Arab investors and citizens did so in Dubai.
Investment portfolios showed varying performance as those who tended towards buying in the Abu Dhabi market saw a net investment of 18 million dirhams while those who tended towards selling in Dubai had a net investment of 10.2 million dirhams. Conversely, investors and individuals tended towards buying in Dubai and selling in Abu Dhabi.
Overall, despite slight fluctuations in performance across different sectors and markets
