UAE stocks added 342 billion dirhams to its market capitalization during the first 9 months of this year

September 30

 

Local stock markets added more than 342 billion dirhams to their market capitalization during the first nine months of this year, supported by increased demand from institutions and investment portfolios, in addition to new listings based on data from the Abu Dhabi Securities Market and the Dubai Financial Market.

 

 

 

 

 

 

 

The market value of the markets was enhanced by four new listings during the current year, which included “ADNOC Gas”, “Brissite” for artificial intelligence solutions, and “ADNOC Logistics and Services” in the Abu Dhabi market, in addition to the listing of “Al Ansari” financial services shares in the Dubai Financial Market.

 

 

 

 

The market capitalization of listed stocks rose from 3.206 trillion dirhams at the end of last year to 3.548 trillion dirhams in the last sessions of this September, distributed by 2.852 trillion dirhams for stocks listed on the Abu Dhabi Securities Market and 696.6 billion dirhams for stocks listed on the Dubai Financial Market.

 

 

 

 

Local stocks attracted liquidity exceeding 321.6 billion dirhams during the first nine months of this year, distributed by 243.9 billion dirhams in the Abu Dhabi Securities Market and 77.6 billion dirhams in the Dubai Financial Market, while about 87.2 billion shares were traded, including 44.6 billion shares in the Dubai Financial Market. Abu Dhabi and 42.6 billion shares in the Dubai market, through the implementation of more than 4 million transactions in the two markets.

 

 

 

 

– Abu Dhabi Market.

 

 

 

 

The Abu Dhabi Market Index “Fadex 15” closed at the end of this September at the level of 9496.03 points, while the FTSE Abu Dhabi General Market Index “Fadji” closed at the level of 9785.32 points, and the real estate index rose by 31.6%, consumer goods by about 15.6%, health care by 7.1%, energy by 3.6% and services. 2.7%.

 

 

 

 

The shares of “Abu Dhabi National Hotels” achieved the largest pace of rise in the Abu Dhabi market since the beginning of this year, rising by 161%, followed by “Bildco” with gains of 85.2%. The shares of “ADNOC Drilling” also rose by 34.9%, “Aldar Properties” by 30%, and “ADNOC Gas”. “23.8%, “Abu Dhabi Islamic” 23.6%, “ADNOC Logistics” 16.6%, “Abu Dhabi Ports” 12.4%, “Yahsat” 7.2%, and “Borouge” 6.1%.

 

 

 

 

“International Holding” accounted for the largest share of trades, attracting liquidity of more than 65.6 billion dirhams, followed by “Al-Dhabi” with about 22.1 billion dirhams, then “Multiplay” with 17.7 billion dirhams, “First Abu Dhabi” with 10.7 billion dirhams, and “Aldar” with 9.1 billion dirhams. Dirham.

 

 

 

 

– Dubai market.

 

 

 

 

The Dubai General Market Index rose by 24.8%, or the equivalent of 827.5 points, during the first nine months of this year, jumping from the level of 3,336.07 points at the end of last year to reach 4,165.58 points in the last September sessions, recording its highest levels in more than 8 years, with the index rising. Real estate sector 40.9%, industry 30%, finance 22% and services 16.1%.

 

 

 

 

The performance of the Dubai market was enhanced by the rise in shares of “Emaar Properties” by 37.2%, “Emirates NBD” by 36.9%, “Dewa” by 10.3%, “Emaar Development” by 58.7%, “TECOM” by 21.8%, “Air Arabia” by 30.7%, and “SALIC”. “33.5%, “Dubai Investments” 13.8%, “Empower” 33.1%, “Dubai Financial Market” 5.3%, and “Dubai Islamic” 2.6%, while “Gulf Navigation” achieved strong gains exceeding 974% and “Ajman Bank” 91.5%. .

 

 

 

 

“Emaar Properties” accounted for the largest share of trading, attracting liquidity of about 16.2 billion dirhams, “Emirates NBD” 9.07 billion dirhams, “Ajman Bank” 5.68 billion dirhams, “Dubai Islamic” 5.5 billion dirhams, and “Dewa” 4.98 billion dirhams. Dirham.