Local stock market gains Dh21 billion in a week

The local stock market gained in this week’s trade, with the market capitalisation exceeding Dh21 billion..

The market value of listed stocks increased from Dh3.535 trillion at the close of last Friday to Dh3.556 trillion at the close of today, of which the market value of stocks listed on the Abu Dhabi Securities Market was Dh2.83 trillion and the market value of stocks listed on the Abu Dhabi Securities Market was Dh721.5 billion. Stocks are listed on the Dubai Financial Market..

During the week, Abu Dhabi Securities Market stocks gained Dh13.7 billion and Dubai Financial Market stocks gained Dh7.3 billion..

Local equities attracted about AED7.6 billion of liquidity this week, with AED6.04 billion allocated in the Abu Dhabi market and about AED2.57 billion in the Dubai market, traded through the execution of more than 137,700 trades..