Page 107 - ALEF EDUCATION PR REPORT NOVEMBER 2024

11/19/24, 1:18 PM UAE-listed stocks surpass $1trn milestone for the first time: Report - Arabian Business: Latest News on the Middle East, Real Esta…
UAE-listed stocks surpass $1trn milestone

for the first time: Report

The increase in stock values listed on UAE bourses is driven by a

surge in firms linked to an Abu Dhabi royal, which account for

more than a third of the total value, alongside a flurry of local

listings

The UAE’s stock market is also part of the MSCI Emerging Markets Index with a 1.2 per cent weightage in the
index. Image: Bloomberg

Stocks listed in the UAE are reportedly estimated to be worth more than $1 trillion for the
first time now, making it bigger than several emerging markets.

Though much lower than the nearly $3 trillion Saudi Arabian bourse, stock value in the UAE

is currently larger than most emerging markets, barring a few like India and China,
according to data compiled by Bloomberg.

https://www.arabianbusiness.com/markets/uae-listed-stocks-surpass-1trn-milestone-for-the-first-time-report 1/3