Page 21 - UNION PROPERTIES GENERAL REPORT - JANUARY 2025

10.8 per cent y-o-y to reach Dh314.9 billion during 2024 up from Dh284.3 billion in 2023. In terms of
most actively traded stocks, International Holdings Company topped with value traded reaching
Dh56.3 billion during 2024. Abu Dhabi National Holdings and Alpha Dhabi Holdings followed with
Dh25.0 billion and Dh21.2 billion worth of shares traded, respectively. Abu Dhabi National Energy
Company led the most active stocks list in terms of volumes traded in 2024 as 8.5 billion shares of
the utilities company were traded. Eshraq Investments and Multiply Group followed with 8.1 billion
and 6.3 billion shares traded during 2024, respectively.

In the wider GCC, equity markets once again witnessed one of the smallest equity market gains
globally during 2024. The aggregate MSCI GCC index reported a gain of 0.7 per cent during the year
following mixed performance at the country level. “The performance during the year was marked by
several key events globally and especially in the Middle East region, that affected the performance
of GCC markets. These included the war on Gaza followed by Lebanon as well as the sudden
change in power in Syria. The attacks in the Red Sea also had a significant impact on sentiments
towards the region,” the report said.

https://www.khaleejtimes.com/business/markets/dubai-equities-gain-the-most-in-region-in-2024