UAE stock markets close Thursday with collective rise

UAE stock markets close Thursday with collective rise

The main index of Dubai Financial Market (DFM) went up by 17.62 points (0.44%) on Thursday and ended the trading session at 4,004.69 points. A total of 495.63 million shares were exchanged at a value of AED 636.64 million. GFH Financial Group recorded the highest turnover with AED 114.38 million, whereas Union Properties dominated the trading volume with 149.83 million shares. Al Firdous Holding topped the gainers with 14.98%, while Dubai Refreshments led the losers with 5.55%. The benchmark index of the Abu Dhabi Securities Exchange (ADX) also closed the session higher by 0.056% at 9,627.04 points. ADX’s turnover amounted to AED 1.18 billion through the exchange of 389.66 million shares, while the market cap value stood at AED 2.78 trillion. International Holding Company (IHC) generated the highest turnover of AED 211.42 million, whereas Manazel was the most active stock with 98.06 million shares. Gulf Medical Projects Company (GMPC) led the risers with 10.81%, while Foodco National Foodstuff (FNF) headed the decliners with 10%.