Page 81 - UNION PROPERTIES GENERAL REPORT - April 2024_Neat

4/15/24, 10:45 AM UAE stock markets see large influx of liquidity in real estate, financial sectors | MENAFN.COM
By the week's end, the market capitalization of listed stocks reached 3.565 trillion dirhams.
Notably, stocks listed on the Abu Dhabi Securities Market accounted for 2.841 trillion dirhams

of this total, while those listed on the Dubai Financial Market comprised 724.1 billion dirhams.

Among the notable performers in the Abu Dhabi market, "International Holding" emerged as
the top-traded stock, attracting around one billion dirhams in liquidity and closing at 399.6
dirhams. It was followed by "Alpha Dhabi," which garnered approximately 464.7 million

dirhams in trading volume, and "Multiplay," with 280 million dirhams. Noteworthy weekly

increases were observed in stocks such as "Brissite," which recorded a notable surge of 23
percent, followed by "Hayat Insurance" at 16.2 percent and "Abu Dhabi Takaful" at
approximately 11 percent.

In the Dubai market, "Emaar Properties" dominated trading activity, attracting around 428

million dirhams in liquidity. "Union Properties" followed closely behind with a trading volume of
200 million dirhams, trailed by "Emaar Development" with 135 million dirhams. Notable

weekly increases were witnessed in stocks like "National General Insurance," which
experienced a significant surge of 14.6 percent, followed by "Ithmaar Holding" at 7.4 percent,

and "Union Properties" at 6.4 percent.

Overall, the substantial liquidity inflow and active trading across various sectors underscore

the dynamic nature of the UAE stock markets, reflecting investor confidence and engagement
amidst evolving market conditions.

MENAFN07042024000045015682ID1108067763

https://menafn.com/1108067763/UAE-stock-markets-see-large-influx-of-liquidity-in-real-estate-financial-sectors 2/2