UAE stock markets show mixed performance on Wednesday

SourceMubasher
SectorFinancial Markets
CountryUAE

UAE – Mubasher: The UAE stock markets have ended Wednesday's trading session on a varied note. The benchmark index of the Dubai Financial Market (DFM) inched up by 0.28% to close Wednesday's trading session at 2,323.95 points. A total of 214.76 million shares were traded through 4,129 transactions valued at AED 322.88 million. Gulfa Mineral Water and Processing Industries (GULFA) led the rising stocks with 14.37%, while Mashreq Bank topped the losing stocks with 4.93%.

Union Properties posted the highest trading volume of 38.47 million shares, while Emaar Properties recorded the highest turnover of AED 93.79 million. As for the Abu Dhabi Securities Exchange (ADX), the main index inched down 0.16% or 7.77 points to settle at 4,952.36 points by the end of Wednesday's trading session. Turnover amounted to AED 531.31 million after 159.49 million shares had been exchanged through 3,541 transactions. Abu Dhabi National Takaful Co headed the red zone with 4.99%, while Bank of Sharjah came on top of the green zone with 14.93%. Aldar Properties registered the highest trading volume of 52.73 million shares and the highest turnover of AED 150.99 million. ...read more...