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UAE stock markets close Thursday with collective decline

UAE stock markets close Thursday with collective decline
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UAE – Mubasher: The main index of Dubai Financial Market (DFM) went down by 28.87 points (0.85%) on Thursday and ended the trading session at 3,363.85 points.

A total of 93.29 million shares were exchanged at a value of AED 212.84 million.

Dubai Islamic Bank (DIB) witnessed the highest turnover of AED 51.48 million, while Gulf Navigation Holding (GNH) dominated the trading volume with 23.69 million shares.

Al Salam Bank – Sudan advanced the gainers with 5.82%, whereas National General Insurance Company headed the losers with 9.31%.

Likewise, the benchmark index of the Abu Dhabi Securities Exchange (ADX) closed the trading session lower by 0.561% at 9,550.20 points.

ADX’s turnover reached AED 1.02 billion through the trading of 144.76 million shares, while the market cap value stood at AED 2.69 trillion.

Abu Dhabi National Company for Building Materials (Bildco) was the top riser with 13.13%, while Ghitha Holding led the fallers with 9.95%.

International Holding Company (IHC) recorded the highest turnover of AED 343.46 million, whereas Multiply Group was the most active stock with 16.24 million shares.