Page 68 - UNION PROPERTIES GENERAL REPORT - April 2024_Neat

of GFH Financial Group, worth Dhs28.7 million and Dhs22.5 million executed on 30
million shares and 22.6 million shares respectively.

Direct large transactions are deals executed outside the order book and do not affect
the closing price of the company’s shares or the price index.

They also do not affect the highest and lowest prices executed during the session and
over the past 52 weeks.

Last week, the UAE stock markets attracted liquidity of nearly Dhs6.5 billion during the
week’s trading, with the focus mainly on stocks in the real estate, financial and banking
sectors.

The weekly liquidity was distributed as follows: Dhs4.57 billion in the Abu Dhabi market
and about Dhs1.9 billion in the Dubai market. About 2.3 billion shares were traded
through 113,600 transactions.

The market capitalisation of listed shares reached Dhs3.565 trillion at the end of the
current week, distributed as follows: Dhs2.841 trillion for shares listed on the Abu Dhabi
Securities Exchange and Dhs724.1 billion for shares listed on the Dubai Financial
Market.

The International Holding Company (IHC) stock accounted for the largest share of
trading in the Abu Dhabi market, with about Dhs1 billion, closing at Dhs399.6. It was
followed by Alpha Dhabi attracting about Dhs464.7 million, then Multiply Group Dhs280
million. Presight recorded the highest weekly rise of 23%, followed by Hayah Insurance
by 16.2% and Abu Dhabi Takaful by about 11%.

The Emaar Properties stock topped the activity in the Dubai market, attracting about
Dhs428 million, followed by Union Properties with liquidity of Dhs200 million, and then
Emaar Development Dhs135 million.

National General Insurance achieved the highest percentage increase of 14.6%,
followed by Ethmar International Holding 7.4%, and Union Properties 6.4%.

The Dubai Financial Markets (DFM) recently saw a large direct deal executed on the
stock of the Emirates NBD.

According to market data, the trade was executed on 5.7 million shares with a value
exceeding Dhs100.5 million at a price of Dhs17.5.

Direct large transactions are deals executed outside the order book and do not affect
the closing price of the company’s shares or the price index. They also do not affect the
highest and lowest prices executed during the session and over the past 52 weeks.

https://www.gulftoday.ae/business/2024/04/07/adx-dfm-log-nine-large-deals--worth-dhs16b-
during-ramadan