Emirates shares deposited 2022, with gains of 1.2 trillion dirhams, the largest in its history

Abu Dhabi, December 30 / Local UAE stocks bid farewell to the year 2022, with annual gains, the largest in its history, mainly supported by the strength of the national economy and its ability to fully recover from the repercussions of the pandemic, in addition to the strong gains of listed shares, increased demand by international investors, and new listings.
According to the monitoring of the Emirates News Agency, WAM, the market capitalization of the listed shares amounted to approximately 1.2 trillion dirhams, increasing the market capitalization from 2.038 trillion dirhams at the end of the year 2021 to 3.206 trillion dirhams at the end of the year 2022, distributed by 2.624 trillion dirhams for the Abu Dhabi Stock Exchange. 581.9 billion dirhams for the Dubai Financial Market.
The market value of the local markets was boosted thanks to the gains of the leading stocks, in addition to the new listings that included “Abu Dhabi Ports”, “Dewa”, “Borouge”, “GFH”, “Invictus Investments”, “Tecom”, “Union Coop” and “Tecom”. Salik, Barjeel, Bayanat, Empower, Taaleem, and Americana, all of which contributed to increasing the depth of the markets, enhancing its investment attractiveness, and attracting a new segment of investors.
Foreign investors achieved a net purchase in the local stock markets of about 30 billion dirhams, with the main support of the investment attractiveness of the local markets, and in line with the markets’ plans to achieve their ambitious goals and ensure their global competitiveness.
Investment institutions strengthened their purchases in local stocks during the year 2022, with a net investment of about 10 billion dirhams as a purchase proceeds, in light of the availability of wider investment opportunities and options for investors and portfolios to participate in the strong growth process of the national economy, as well as the attractiveness of listed national companies in front of the investment plans of major global and regional institutions. .
Abu Dhabi market.
The Abu Dhabi General Market Index, “Fadji”, increased during the year by 20.3%, or the equivalent of 1722.7 points, to jump from the level of 8488.36 points at the end of last year to 10211.09 points at the end of 2022, after it succeeded during the year in recording the highest level in its history, reaching the level of 10629.75 points. .

The performance of the Abu Dhabi market was enhanced by an increase in the service sector index by 176.5%, financial by 47%, real estate by 8.84%, basic materials by 7.9%, and industry by 7.48%.
Purchases of non-Arab foreign investors in the Abu Dhabi Stock Exchange reached about 91.2 billion dirhams in 2022, compared to sales of about 67.05 billion dirhams, with a net investment of 24.2 billion dirhams as purchase proceeds.
The share of “Al-Alamiya Holding” achieved the largest rate of rise among Abu Dhabi stocks during 2022, by more than 169.4%, as it topped the list of the most active after attracting liquidity of more than 77 billion dirhams. %, ADC Corporation 146.7%, and National Foodco 133.3%.
Shares of “Marine Dredging” also rose by 87.7%, “Abu Dhabi Ports” by 58.5%, while “Abu Dhabi Islamic” by 32.6%, “VertiGlobe” by 20.2%, “Emirates Steel Arkan” by 12%, “Al-Dar” by 11%, and “Abu Dhabi Commercial”. 5.51%.

And “Alpha Abu Dhabi” came in second place in the list of the most active after “Al-Alamiah Holding”, the effect of its acquisition of liquidity by about 61.7 billion dirhams, followed by “First Abu Dhabi” with 53.9 billion dirhams and “Al-Dar” with 37.5 billion dirhams.
– Dubai market..
The Dubai Financial Market index rose during the year by 4.4%, or the equivalent of 140.2 points, to jump from the level of 3195.91 points, to close at 3336.07 points by the end of 2022, with the consumer goods index rising 191.4%, basic materials 17.9%, real estate 13.8%, and industry 1.27%.
Among the winning stocks in the Dubai market during 2022 were “Emaar Properties” 19.8%, “Dubai Islamic” 5.9%, “Air Arabia” 48.3%, “Salik” 24%, “Dubai Investments” 12.4%, and “Ajman Bank”. 43.2%, Gulf Navigation 120.8%, Emaar Development 0.9%, Deyaar Development 4.5%, Empower 6.7% and Tabreed 17%.
“Emaar Properties” topped the activity during the current year, attracting more than 26.8 billion dirhams of liquidity, then “Emirates NBD” with a liquidity of about 10.6 billion dirhams, followed by “Dubai Islamic” that attracted more than 9.9 billion dirhams, and “Dewa” with about 7.5 billion dirhams.