UAE stocks hit three-week high

Thu 15-09-2022 23:59 PM

ABU DHABI,15th September, 2022 (WAM) — UAE twin bourses hit a three-week high on Thursday, as Abu Dhabi’s FTSE ADX General picked up 0.50 percent to close at 10,019.200 pts, and heavyweight real estate shares led wider gains in Dubai equities pushing DFMGI 0.925% higher to 3,462.780 pts.

In the capital, 18,017 trades were conducted with a share turnover of AED2,153,686,949 over 584,030,635 equities. Abu Dhabi National Energy Company (TAQA.AD) added 14.7%, closing at AED1.800, Multiply Group (MULTIPLY.AD) closed higher 14.620 percent at AED2.900, and ADNOC Drilling climbed 4.020 percent to AED3.620.

In Dubai, 8,255 trades were conducted with a share turnover of AED880,454,559 over 233,288,168 equities. TABREED led the gains, closing up 6.670 percent at AED3.36, with Emaar Properties and Emaar Development following suit, ending the session higher 1.59 percent and 4.430 percent at AED6.390 and AED4.950, respectively.

Foreign investors pumped around AED197.4 million in the Abu Dhabi bourse and up to AED111.39 million in Dubai.

WAM/Hatem Mohamed

Stay connected with us on social media platform for instant update click here to join our T witter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.