Page 84 - UNION PROPERTIES GENERAL REPORT - April 2024_Neat

4/15/24, 10:45 AM UAE Stocks Receive AED 6.5B Inflow; IHC and Emaar Lead

UAE Stocks Receive AED 6.5B Inflow;

IHC and Emaar Lead

APRIL 6, 2024

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An Emirati man follows the stock market activity at the Dubai Financial Market in the Gulf emirate on January 20, 2010.
The total debt of cash-strapped Dubai could be as much as 170 billion dollars, much higher than earlier reported,
according to a report by EFG-Hermes regional investment bank. AFP PHOTO /KARIM SAHIB (Photo credit should read
KARIM SAHIB/AFP/Getty Images)

During this week’s trading, the stock markets in the UAE saw an inflow of approximately
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AED 6.5B, with particular attention given to stocks in the real estate, financial, and
banking sectors.
During the week, liquidity in the UAE markets was distributed with approximately AED
4.57B in the Abu Dhabi market and around AED 1.9B in the Dubai market. A total of 2.3
billion shares changed hands through 113,600 transactions.
By the week’s end, the market capitalisation of listed shares stood at AED 3.565T, with
AED 2.841T for shares listed on the Abu Dhabi Securities Exchange and AED 724.1B for
shares listed on the Dubai Financial Market.

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