Dubai and Abu Dhabi stocks rise as DFM gains Dh3.88bn and ADX up Dh6bn
Market overview
The Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) both closed higher, with the DFM adding Dh3.88 billion in market value and the ADX gaining Dh6 billion.
Index movements
According to the DFM, its index rose 0.36 % to 5,858 points, while the banking sector led gains with an increase of 0.79 %. According to the ADX, its index climbed 0.33 % to 9,793 points.
Liquidity leaders
Emaar Properties was the top contributor to Dubai liquidity, accounting for AED126 million of trading volume.
Market capitalisation
The DFM’s total market capitalisation reached AED977.42 billion at the end of yesterday’s session.
