Page 74 - UNION PROPERTIES GENERAL REPORT - April 2024_Neat
P. 74
4/15/24, 10:44 AM UAE Stock Market Flourishes with Dh6.5 Billion Inflow, IHC and Emaar Lead Gains
UAE Stock Market Flourishes
with Dh6.5 Billion Inflow, IHC
and Emaar Lead Gains
In a remarkable week for the UAE stock market, an impressive inflow of nearly
Dh6.5 billion boosted investor confidence, particularly in the real estate,
financial, and banking sectors. This surge in market liquidity saw significant
trading in both the Abu Dhabi and Dubai markets, with a total of about 2.3
billion shares exchanged over 113,600 transactions.
The end of the week saw the market capitalization of listed shares reach a
staggering Dh3.565 trillion. This figure was largely split between shares on the
Abu Dhabi Securities Exchange, valued at Dh2.841 trillion, and those on the
Dubai Financial Market, with a value of Dh724.1 billion. These numbers
https://economictimes.ae/news/uae-stock-market-flourishes-with-dh6-5-billion-inflow-ihc-and-emaar-lead-gains/ 1/2