Local stocks see 55.66B AED rise
The local stock markets in the UAE experienced a significant surge today, with the overall market capitalization increasing by more than 55.66 billion dirhams. The Abu Dhabi Securities Exchange rose by approximately 38.44 billion dirhams to reach 2.938 trillion dirhams, while the Dubai Financial Market gained 17.21 billion dirhams to total 992.33 billion dirhams. The Abu Dhabi Market Index closed above the 10,100-point level, rising by 1.61% to 10,101.64 points, whereas the Dubai Market Index increased by 1.83% to 5,986 points. Investors traded more than 539.76 million shares, with a total value of 2.64 billion dirhams across 50,103 transactions.
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