Mubasher TV
Contact Us Advertising   العربية

Saudi, Egypt’s stock markets decline on Tuesday; UAE closes mixed

Saudi, Egypt’s stock markets decline on Tuesday; UAE closes mixed
Photo Archive

Mubasher: The main index DFMGI of Dubai Financial Market (DFM) fell on Tuesday, while FADGI, the benchmark index of Abu Dhabi Securities Exchange (ADX), closed the session in the green zone.

As for the Saudi Exchange (Tadawul), both the main market’s All Share Index (TASI) and the Parallel Market Capped Index (NomuC) showed a downward trend.

Similarly, the indices of the Egyptian Exchange (EGX) ended the trading session in the red zone.

UAE Stock Markets

DFMGI fell by 1.69 points (0.04%) to 4,077.73 points at the end of the session.

Meanwhile, the trading value reached AED 491.76 million through the exchange of 333.95 million shares.

Al Mazaya Holding was the top riser with 14.44%, while Dubai National Insurance and Reinsurance led the fallers with 6.25%.

Emaar Properties recorded the highest turnover of AED 67.64 million, whereas Shuaa Capital was the most active stock in terms of the trading volume with 83.10 million shares.

On the other hand, FADGI went up by 1.68% to close the session at 9,989.84 points.

The turnover amounted to AED 1.47 billion through the trading of 387.26 million shares, while the market cap value hit AED 2.88 trillion.

Abu Dhabi National Company for Building Materials (Bildco) headed the risers with 14.92%, while Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) led the fallers with 6.04%.

Q Holding posted the biggest trading volume with 63.98 million shares, whereas International Holding Company (IHC) recorded the highest trading value of AED 262.28 million.

Saudi Arabian Stock Market

TASI went down by 27.67 points (0.25%) to 11,244.27 points. The main market’s turnover reached SAR 6.38 billion after 219.90 million shares were traded.

The health care equipment and services segment led the decliners with 4.07%, while the pharma sector advanced the gainers with 5.93%.

Fawaz Abdulaziz Alhokair Company (Cenomi Retail) topped the risers with 9.99%, while Mouwasat Medical Services Company was the top faller with 8.94%.

Saudi Arabian Oil Company (Aramco) dominated the largest trading volume and value with 26.54 million shares and SAR 884 million in respective order.

NomuC also closed the session lower by 104.01 points (0.44%) at 23,539.75 points.

Marble Design Company advanced the risers with 30%, while Ghida Alsultan for Fast Food Company led the fallers with 10.49%.

Egyptian Stock Market

The EGX30 main index retreated by 0.51% to 17,748.89 points.

Similarly, the small- and mid-cap EGX70 EWI closed the session down by 0.16% to 3,589.62 points.

The EGX100 EWI also ended the session in the red zone at 5,306.79 points after declining by 0.27%.

The turnover amounted to EGP 3.06 billion after 976.38 million shares were exchanged, while the market cap value hit EGP 1.20 trillion.

As for trading on securities, the foreign traders were net buyers with EGP 80.62 million. Meanwhile, the Egyptian and Arab investors were net sellers with EGP 59.49 million and EGP 21.13 million, respectively.