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12/24/24, 2:06 PM                        UAE stock markets stable despite global selloff - Aletihad News Center

         UAE stock markets stable despite global selloff























































           UAE stock markets stable despite global selloff









         19 Dec 2024 21:09
         A.SREENIVASA REDDY (ABU DHABI)



         UAE stock exchanges reported subdued trading but showed stability despite a global selloff triggered by the US
         Federal Reserve’s announcement that there will be fewer rate cuts in 2025.



         ADX

         ADX general index — FADGI — fell by a marginal 0.216%, reaching 9,273.05 points. A total of 19,602 trades were
         recorded, involving 201 million shares with a combined value of Dh918 million. The total market capitalisation of all


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