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Local stocks increased by 61 billion dirhams

news agency wam , 7 Sep 2024 - 17:35

The Abu Dhabi Stock Exchange (ADX) has announced that stock markets have consolidated their gains during this week's trading.


According to Amac News: In the announcement of the Abu Dhabi Stock Exchange, it is stated that its market value has increased by nearly 61 billion dirhams, supported by the growth of real estate, financial and industrial stocks.
According to the announcement, the market profit was 52.8 billion dirhams for the Abu Dhabi Stock Exchange (ADX) and 8 billion dirhams for the Dubai Financial Market (DFM).
The stock market value increased from 3.531 trillion dirhams in last Friday's session to 3.591 trillion dirhams, which was 2.858 trillion dirhams for ADX shares and 733.3 billion dirhams for DFM shares.
The FTSE ADX 15 Index (FADGI) added 1.75% or 163.12 points to end at 9,448.05, while the FTSE ADX 15 Index (FADX15) was up 1.52% or 140.93 points to close at 9,448.05.
The Abu Dhabi market increased by 3.1% in the real estate sector, the industrial sector by 2.96%, the financial sector by 1.87%, the energy sector by 1.48%, the telecommunications sector by 1.08% and the water and electricity sector by 5.53%.
The overall DFM index rose 1.1 percent or 47.4 points to close at 4,372.87 points, supported by a 3.2 percent gain in the real estate sector, 1.38 percent in the financial sector, 1.11 percent in the telecom sector, and 0.48 percent in the industrial sector.
 


Story Code: 1469

News Link :
https://www.amacnews.com/en/news/1469/local-stocks-increased-by-61-billion-dirhams

AMAC
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