The Dubai market index rose 0.18% to 4140.82 points, while the Abu Dhabi market index decreased 0.08% at 9024.23 points.
“Agility Global” broke through the calm of stocks in the Emirates, on the first day of its trading listing on the Abu Dhabi market, and jumped at the close by 327% to the level of 1.58 dirhams, compared to the reference price of 0.37 dirhams.
The stock attracted liquidity of 140 million dirhams, distributed among 93.47 million shares, and the company’s shares were listed and trading began directly in the Abu Dhabi Market, Class II, within the industries sector.
With the listing of the company’s shares, foreign investors (non-Arabs) pumped in a net investment amounting to 127 million dirhams as a result of purchases, most of which were concentrated in the Abu Dhabi market at about 110 million dirhams.
The shares attracted a total liquidity of 1.46 billion dirhams, of which 1.17 billion dirhams in the Abu Dhabi market compared to 289.8 million dirhams in the Dubai market, and the traded quantities of shares were 550 million shares, distributed as 154.68 million shares in Dubai, and 395.4 million shares in Abu Dhabi.
The share prices of 52 companies rose, while the share prices of 43 companies declined, and this came through the implementation of 28,727 transactions.
The Abu Dhabi market index declined, with sectoral indices for stocks in the financial, industrial, and utilities sectors declining.
In the financial sector, “First Abu Dhabi” declined by 0.98% and “Multiplay” by 0.87%, compared to the rise of “Abu Dhabi Islamic” by 3%, “Abu Dhabi Commercial” by 0.24%, and “International Holding” by 0.03%.
In telecommunications, “Etisalat E&” shares declined 1.68%, compared to “Yahsat” rising 0.41%.
In real estate, “Aldar” rose 0.72% and “Manazel” rose 3%, compared to the decline of “Ishraq” 2.27% and the stability of “Ras Al Khaimah Properties.”
At the industrial sector level, “Abu Dhabi Ports” declined by 2.12% and “Alpha Dhabi” by 0.29%, while the shares of “Emirates Steel – Arkan”, “Marine Dredging” and “ADNOC Logistics” remained unchanged.
Among the utilities, Taqa shares fell 0.72%. Regarding medical care, shares of “PureHealth” rose 0.51% and “Burjeel” 1%.
The Dubai market index rose, benefiting from gains in stocks in the financial, industrial and utilities sectors.
In the financial sector, “Dubai Islamic” rose 1%, “Amlak” rose 0.63%, “Dubai Commercial” rose 0.91%, “Mashreq Bank” rose 3.8%, and “GFH” rose 0.95%, compared to the decline of “Emirates NBD” 0.59% and “Dubai Financial” 0.73%.
In the industry, shares of “SALIC” rose by 0.86%, “Parkin” by 1.14%, and Dubai Taxi by 0.93%, compared to the decline of “Aramex” by 0.39% and “Gulf Navigation” by 0.5%, while “Air Arabia” stabilized without change.
In utilities, “Empower” fell by 0.62%, with “Dewa” stable, compared to a rise in “Tabreed” by 2.58%.
Regarding real estate shares, “Emaar Development” fell 6.72% after trading without the right to dividends, compared to the rise of “Deyaar” by 0.4%, “Emaar Properties” by 2.46%, “Tecom” by 1.47%, and “Union Properties” by 1.63%.
Abu Dhabi’s liquidity was led by “International Holding” with a value of 278.8 million dirhams, closing at the level of 399.6 dirhams, followed by “Agility Global” with a liquidity of 140 million dirhams, closing at 1.58 dirhams, then “Alpha Dhabi” with a liquidity of 91.4 million dirhams, reaching the level of 13.86 dirhams, and fourthly, “First Abu Dhabi”. » By attracting about 60 million dirhams, it closed at 12.1 dirhams.
In Dubai, “Emaar Properties” topped the trades with a liquidity of 78.13 million dirhams, reaching a price of 7.9 dirhams, followed by “Gulf Navigation” by attracting 32.6 million dirhams to close at 7.3 dirhams, and “Union Properties” with transactions of 25.4 million dirhams and closing at 0.436 dirhams, and “Ajman Bank”, with liquidity of 24.7 million dirhams, closed at 1.86 dirhams.
Regarding trades by nationality, foreign and Arab investors tended to buy, with a net investment of 109.8 million dirhams and 8.23 million dirhams, as a result of a purchase, respectively, while Gulf Arabs tended to sell, with a net investment of 27.14 million dirhams, as a result of a sale. Citizens also did so, with a net investment of 91.6 million dirhams, as a result of a sale.
In Dubai, foreign investors moved toward buying, with a net investment of 17.37 million dirhams as a result of purchases. On the other hand, Arab and Gulf investors and citizens moved towards monetization with a net investment of 17.37 million dirhams as a result of sales, of which 4.8 million dirhams was the result of selling to Arabs, and 8.8 million dirhams was the result of selling to Gulf people. And 3.6 million dirhams, the proceeds from the sale of citizens.
The performance of investment portfolios that tended toward purchasing in the Abu Dhabi market varied, with a net investment of 70.8 million dirhams as a result of a purchase, while they tended toward liquidation in the Dubai market, with a net investment of 11.8 million dirhams as a result of a sale.
On the other hand, individual investors tended towards buying in Dubai with a net investment of 11.8 million dirhams as a result of the purchase, while they tended towards liquidation in Abu Dhabi with a net investment of 70.8 million dirhams as a result of the sale.