UAE stocks added new gains, on Wednesday, for the second session in a row, with investors relatively abandoning the caution of previous sessions, in light of an optimistic atmosphere for the resumption of peace talks that would lead to ending the war in the Middle East.
The Dubai market index rose 2.56% to 5866.31 points, while the Abu Dhabi market index increased 0.53% to 9892.31 points.
Gains in Dubai were led by Emaar Properties shares, rising 3.16% to 12.38 dirhams, Emaar Development 1.46% to 15.22 dirhams, Emirates NBD Bank 2.53% to 30.76 dirhams, Dubai Islamic 1.9% to 7.5 dirhams, Talabat 3% to 0.837 dirhams, and Air Arabia 6.5% to 5.08. Dirham.
In terms of capital market shares, Aldar Properties rose 0.6% to 8.45 dirhams, Abu Dhabi Islamic rose 1.2% to 23.08 dirhams, Alpha Dhabi rose 2% to 7.35 dirhams, Abu Dhabi Commercial rose 1% to 13.18 dirhams, Two Point Zero 3.37% to 2.15 dirhams, and Taqa rose 1.23% to 2.46 dirhams. Dirham.
Liquidity levels increased to reach 3.12 billion dirhams, including 1.62 billion dirhams in the Abu Dhabi market, and 1.5 billion dirhams in the Dubai market, and the traded quantities of shares amounted to 915.4 million shares, distributed by 485.4 million shares in Abu Dhabi and 430 million shares in Dubai, and this came through the implementation of 59,399 transactions.