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UAE stock markets show varied performance on Wednesday

UAE stock markets show varied performance on Wednesday
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UAE – Mubasher: The main index of Dubai Financial Market (DFM) closed Wednesday’s trading session higher by 1.01 points (0.02%) at 4,167.33 points.

The turnover stood at AED 546.19 million through the exchange of 178.97 million shares.

Gulf Navigation Holding posted the highest trading value of AED 142.05 million, while GFH Financial Group was the most active stock with 25.72 million shares.

Al Ramz Corporation Investment and Development topped the risers with 9.67%, whereas Al Salam Bank – Sudan led the fallers with 10%.

On the other hand, the benchmark index of the Abu Dhabi Securities Exchange (ADX) edged down by 0.07% to 9,045.03 points.

A total of 219.45 million shares were exchanged at an amount of AED 990.60 million, while the market cap value reached AED 2.78 trillion.

International Holding Company (IHC) recorded the highest turnover of AED 207.91 million, whereas Multiply Group dominated the trading volume with 21.34 million shares.

Presight AI Holding advanced the gainers with 4.82%, while RAPCO Investment headed the losers with 9.20%.