The local stock markets closed at the end of yesterday's session with & # 39; relative improvement in liquidity levels. The market & # 39; Abu Dhabi gained over AED3.2 billion, supported by foreign purchases increased profitability of key stocks while the market & # 39; Dubai fell & # 39; under increasing pressure from stocks & # 39; real estate.
The market & # 39; Abu Dhabi rose 0.5% to close by & # 39; 4971.43 points, supported by gains in & # 39; banks, real estate, investment, communications and commodities, while Dubai market fell 0.44% to 2727.41 points affected by the decline in real estate, investment, insurance and commodities.
The market liquidity has improved yesterday, which reached AED 411.4 million, of which 158 million were in & # 39; Dubai and 253.4 million in & # 39; Abu Dhabi. Traded 146.3 million & # 39; shares, distributed by & # 39; 95.8 million in & # 39; Dubai and 50.5 million in & # 39; Abu Dhabi through & # 39; 4498 transaction.
Does the & # 39; Abu Dhabi Market
The market & # 39; Abu Dhabi increased by & # 39; 0.48%, the first increase & # 39; Abu Dhabi gained 0.42%, Abu Dhabi Commercial Bank up 1.62% and National Bank gaining 0.21%. The profit also increased the real estate sector b & # 39; 0.81% with & # 39; Aldar which gained 1.2%.
The telecom sector gained 1.18%, b & # 39; Eisalat added. On the other hand, the energy sector decreased by 2.51%, while Dana Gas fell 3.98% and 3.92% for energy, while ADNOC has risen 1.75%.
First Abu Dhabi market dominated by & # 39; AED 155.3 million, followed by Etisalat with AED 26.3 million and Abu Dhabi Islamic Bank at AED 18 million. Methaq Takaful was the top player with & # 39; 9.57%, while Al Qudra Holding was the biggest loser with & # 39; 10%.
The real estate sector fell 1.22% after Emaar Properties fell 1.25%, Arabtec 3.14%, Diar 2.44%, Real Union Estate 2.8%, Emaar Properties 1.21%, Emaar Properties 1.05% Dubai Financial Market 3.45% and Shuaa Capital 1.94%.
On the other hand, the banking sector increased by & # 39; 0.44%, supported by the addition of & # 39; 2.85% in Emirates NBD, and Air Arabia Stability was & # 39; 0.23%.
Emaar Properties rose list b & # 39; AED 40 million, followed by Dubai Islamic Bank & # 39; AED 27.25 million, with Dubai Investment Company & # 39; 25 million AED. The biggest gainer was Tabreed, which rose 3.85%. %.
Foreign investors tended to buy net investment & # 39; AED 48.16 million. B & # 39; contrast, Arab investors, GCC and tended to sell local b & # 39; & # 39 net investment; AED 48.16 million, distributed by & # 39; 4.4 million Arabs, Gulfis 5 million and 39 million citizens.
Foreign investors focused their shares on the share & # 39; Manazel Real Estate, Dubai Financial Market, Aldar Properties and Union Properties, while their sales focused on Dubai Investments, DXP, Dana Gas and Emaar Properties.
F & # 39; terms & # 39; performance & # 39; investment, the portfolio performance & # 39; & # 39 investment in, Abu Dhabi tended to buy net investment & # 39; Miljun.Intbiegħu to Dubai AED 26 b & # 39; & # 39 net investment; miljun.Investituri 18.6 AED retail tended to sell in & # 39; Abu Dhabi b & # 39; & # 39 net investment; AED 26 million and buy at & # 39; Dubai b & # 39; net investment & # 39; 18.6 million. AED.
The FTSE NASDAQ Dubai 20 index gained 0.1% to 3204 points after trading 187.33,000 shares valued at $ 1.74 million. In the derivatives market, in 1705 a contract worth 990.67 AED thousand were traded through & # 39; 8 transactions. The first contracts & # 39; Abu Dhabi rose 0.41%, while Arabtec and Emaar fell by 3.18% and 1.27% respectively.
The Board of Directors of Emirates Islamic Bank (EIB) met & # 39; yesterday to discuss ordinary matters, as well as the minutes of the previous meeting of the board held on 29 & # 39; October.
The Board of Directors of & # 39; Khaleej Commercial Bank, which is listed on the Stock Exchange & # 39; Stock & # 39; Dubai and Bahrain, will meet & # 39; today to discuss and approve the bank's budget for 2019.
The International Financial Advisors Company (IFA), listed in the Exchanges & # 39; & # 39 Stock; Dubai and Kuwait, last loss & # 39; KD 11.32 million in the first nine & # 39; month & # 39; this year, compared with profits of & # 39; 1.46 million in the same period last year.
The Kuwait Stock Exchange (KSE) has agreed to renew the purchase or sale of & # 39; up to 10% of treasury shares for a further period of & # 39; six months from the date of termination of the current approval on 7 & # 39; December 2018.