UAE stock markets experienced collective declines during Monday morning trading, amid escalating tensions in the Middle East.
According to trading data, the Dubai Financial Market index declined by 1.404% to reach a level of 5903.37 points, recording a decrease of 84.05 points, amid trading with a total value of about 227.95 million dirhams through the execution of 4,535 transactions involving 64.63 million shares.
Dubai National Insurance and Reinsurance shares topped the list of the biggest losers with a 5% decline, while Al Salam Bank - Sudan recorded a slight growth of 1.186%.
In terms of investment activity, Emaar Properties acquired the largest liquidity with a value exceeding 103.89 million dirhams, while Air Arabia came in as the most traded stock in terms of volume with about 10.65 million shares.
In the capital, the Abu Dhabi Securities Exchange saw a similar trend, with the index falling by 0.454% to settle at 9,875.92 points, losing 45.02 points of its value.
Trading volume in the market reached approximately AED 206.61 million, distributed across 111.19 million shares through 5,139 transactions, with Investment Bank experiencing the highest decline of 5%, in contrast to the exceptional performance of Abu Dhabi National Takaful Company, whose shares jumped by 14.989%.
Aldar Properties' stock topped the list of most active stocks by value with AED 27.881 million, while Investment Bank was the most active by volume with 33.272 million shares traded.
