Today's Edition
LAMEES OBEIDAT (ABU DHABI)
The UAE stock market witnessed dynamic movements in its key indices on Thursday's trading session, with the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) both showing signs of resilience and activity.
ADX closed the session at 9,404.98 points, marking a slight uptick of 0.11%. A total of 70 companies were actively traded, with 26 experiencing gains, 32 witnessing declines, and 12 remaining unchanged.
The overall market activity reached a value of Dh960 million. Two prominent gainers on the ADX were Americana Restaurants International PLC and Commercial Bank International PJSC. Americana Restaurants International PLC closed at Dh3.29, registering an impressive gain of 11.15%.
Meanwhile, Commercial Bank International PJSC closed at Dh0.64, reflecting a substantial increase of 6.67%.
On the flip side, HAYAH Insurance Co PJSC and Sharjah Cement & Industrial Development Co experienced declines. HAYAH Insurance Co PJSC closed at Dh0.954, marking a decrease of 10%, while Sharjah Cement & Industrial Development Co closed at Dh0.608, down by 9.93%.
The Dubai Financial Market (DFM) closed at 4,238.95 points, exhibiting a more pronounced uptrend with a gain of 0.37%. The trading session on DFM was characterised by 8,104 trades, amounting to a total value of Dh328 million.
Union Properties PJSC emerged as a standout performer on the DFM, closing at Dh0.316, reflecting an impressive gain of 14.909%. National Central Cooling Co. also posted positive results, closing at Dh3.380, with a gain of 2.424%.
In contrast, BHM Capital Financial Services PSC closed at Dh3.19, down by 8.857%. Islamic Arab Insurance Company experienced a decline as well, closing at Dh0.420, reflecting a decrease of 5.405%.
