Stock markets close in green

Sun 17-12-2017 21:28 PM

ABU DHABI, 17th December, 2017 (WAM) — The UAE stock markets started off the week on a high note amid high performance on the part of a select of blue chips in the banking and realty sectors.

Abu Dhabi Securities Exchange General Index edged up 0.22 percent to reach 4348 points, while Dubai Financial Market General Index closed high 0.31 percent at 3365 points.


Emaar rebounded up to AED7 before edging down to AED6.97, followed by Emaar Development which rose to AED5.31, Drake and Skull to AED2.23 and Arabtec to AED2.45.

Amlak was among the top performers, rising 4 percent to AED1.05, with Dubai Islamic Bank closing high at AED6.19.

At the capital’s bourse, the recently traded ADNOC Distribution continued its upward movement, rising to AED2.67 among decent transactions.

In terms of liquidity and trading volume, a total of 5428 transactions were conducted worth AED550 million over 206 million shares.

A total of 34 shares out of 63 traders closed high, 15 down and 14 at their last traded prices.

WAM/Hatem Mohamed/Hassan Bashir

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