Local stock markets gain AED 2.68 billion at the start of the week

Local stock markets gained more than AED 2.68 billion in the first session of the week, Monday.

The market capitalization of listed shares increased from AED 3.306 trillion at the end of last Friday's session to AED 3.309 trillion at the end of Monday's session, distributed by AED 2.673 trillion for shares listed on the Abu Dhabi Securities Exchange and AED 635.966 billion for shares listed on the Dubai Financial Market.

Local equities attracted more than AED 1.639 billion in liquidity, while 478.815 million shares were traded in 27.48 thousand trades.

The Dubai Financial Market Index rose 1.37% to 3652,64.735 points with liquidity of AED 0 million. The Abu Dhabi Securities Exchange index fell 32.97375% to 76,904.<> points with liquidity worth AED <> million.

In Dubai, Taaleem shares increased by 7.8% after completing a major direct transaction of 5.25 million shares at a price of AED 3.27 per share for a total value of about AED 17.17 million. National Bonds Company, a Shari'a-compliant savings and investment company, announced the acquisition of an additional 5% stake in Taaleem Holding Group, bringing its ownership in the group to 22%.

Emirates NBD rose 0.7% and Empower rose 4.5%. The most traded stock was DEWA, which was up 6.4% at AED 2.65.

Union Properties rose 3.7%. Yesterday's worst performing stocks were Emaar Properties down 0.5% and Deyaar Developments fell 1.2%.

In Abu Dhabi, Eshraq Investment fell 0.6% and Multiplay Group fell 1.2%. Q Holdings fell 3.8%.

Emirates Steel Arkan rose 0.7%. The most traded stock was ADNOC L&S, which fell 0.3% at AED 3.0 and traded nearly 19 million shares.