Page 82 - UNION PROPERTIES GENERAL REPORT - April 2024_Neat

UAE Stock Markets Witness AED 6.5 Billion

Inflow; Global Holding & Emaar Take The Lead

By OneArabia

The UAE stock markets witnessed a significant influx of liquidity, nearing AED6.5 billion over the
week, with a pronounced focus on the real estate, financial, and banking sectors. This financial
activity underscores the dynamic nature of the UAE's stock markets, highlighting investor
confidence and market strength.
The weekly liquidity was notably divided between the Abu Dhabi and Dubai markets, with
AED4.57 billion allocated to the Abu Dhabi market and approximately AED1.9 billion to the
Dubai market. This period saw about 2.3 billion shares being traded across 113,600
transactions, demonstrating the vibrant trading environment in both markets.

By the week's end, the market capitalisation of listed shares reached an impressive AED3.565
trillion. This was distributed as AED2.841 trillion for shares listed on the Abu Dhabi Securities
Exchange and AED724.1 billion for those on the Dubai Financial Market, reflecting the
substantial value and scale of the UAE's stock markets.

Leading Stocks in Abu Dhabi

In the Abu Dhabi market, the International Holding Company (IHC) emerged as a focal point of
trading activity, with transactions worth about AED 1 billion, closing at AED 399.6. Following
closely were Alpha Dhabi and Multiply Group, attracting about AED 464.7 million and AED 280

https://www.onearabia.me/local/uae-stocks-attract-aed-6-5-billion-investment-011-20089.html