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UAE stock markets close Thursday with collective rise

UAE stock markets close Thursday with collective rise
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UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 20.87 points (0.53%) on Thursday and ended the trading session at 3.913.42 points.

The turnover stood at AED 323.62 million through the exchange of 140.84 million shares.

Emaar Properties registered the highest turnover of AED 120.65 million, while Union Properties was the most active stock with 27.56 million shares.

Dubai National Insurance and Reinsurance topped the risers with 14.71%, whereas Naeem Holding led the fallers with 6.43%.

Likewise, the benchmark index of the Abu Dhabi Securities Exchange (ADX) went up by 0.606% to 9,486.43 points.

A total of 284.31 million shares were traded at an amount of AED 1.20 billion, while the market cap value hit AED 2.84 trillion.

International Holding Company (IHC) posted the highest turnover of AED 221.31 million, whereas RAK Properties dominated trading volume with 50.48 million shares.

Fujairah Cement Industries Company led the gainers with 14.52%, while Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) headed the decliners with 5.08%.