UAE – Mubasher: The benchmark indexes of Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) closed the first session in 2022 down, in line with the application of the UAE’s new four-and-half system nationwide.
DFM’s main index fell by 4.94 points (0.15%) to 3,190.97 points on Monday.
The trading value reached AED 284 million through the exchange of 90.61 million shares.
Dubai National Insurance and Reinsurance led the fallers with 9.16%, while Gulf Navigation Holding topped the risers with 2.24%.
Emirates NBD generated the highest turnover of AED 101.87 million, while DFM was the most active stock in terms of the trading volume with 24.13 million shares.
ADX’s benchmark index inched down by 0.28% to 8,464.57 points.
There were 171.33 million shares traded at a value of AED 1.28 billion. The market cap stood at AED 1.61 trillion.
Sharjah Insurance was the top faller with 9.43%, while Ras Al Khaimah Poultry and Feeding (RAK Poultry) advanced the risers with 14.16%.
International Holding generated the highest turnover of AED 325.08 million, while Aldar Properties was the most active stock with 57.11 million exchanged shares.
The new trading hours for both DFM and ADX have started today, 3 January 2022, with a five hours trading session between 10 am and 3 pm from Monday to Friday.
