Local stocks see 68.8B dirham weekly gains
The article discusses the performance of the local stock markets in the UAE during the past week, where they achieved gains totaling approximately 68.87 billion dirhams. The Abu Dhabi Market Index increased by 1.82%, while the Dubai Market rose by 2.56%. Foreign investors and financial institutions intensified their purchasing activities, especially in Abu Dhabi, which saw a net buying increase from foreigners amounting to 497.49 million dirhams. Most companies' stocks experienced gains, and the overall market capitalization grew by 69 billion dirhams to exceed 3 trillion dirhams. Approximately 2.3 billion shares were traded, worth 9.56 billion dirhams.
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