Home / Finance & Business / Stock Indices / 27.75 billion net foreign investment in UAE stocks in 11 months, the Abu Dhabi market jumped 24.23% … and “Dubai” 4% since the beginning of the year

27.75 billion net foreign investment in UAE stocks in 11 months, the Abu Dhabi market jumped 24.23% … and “Dubai” 4% since the beginning of the year

The Abu Dhabi Securities Market index has increased since the beginning of the year by 24.23% at 10545.39 points, while the Dubai Stock Exchange index rose 4% to 3323.96 points.

Liquidity within 11 months recorded 476.26 billion dirhams, of which 392.96 billion dirhams were in the Abu Dhabi market, and 83.3 billion dirhams in the Dubai market. This is done by executing 3.92 million transactions

Foreign investments (non-Arabs) have increased by 27.75 billion dirhams as purchase proceeds since the beginning of this year, of which 22.95 billion dirhams are purchase proceeds in the Abu Dhabi market, and 4.8 billion dirhams in the Dubai market.

Many stocks recorded strong leaps since the beginning of the year, such as the “International Holding” share, with an increase of 167.7%, closing at a price of 406.9 dirhams, at a time when it topped the list of stocks most attracting liquidity with 72.92 billion dirhams, through trading on 295.17 million shares.

“Multiplay” jumped 164.13% to the level of 4.86 dirhams, reinforced by 24.8 billion dirhams of liquidity on 9.95 billion shares, and “Taqa” rose 164.39% at a price of 3.49 dirhams, attracting 19.53 billion dirhams through trading on 12.84 billion shares.

“Ghada Holding” rose 154% at a price of 69.85 dirhams, through liquidity of 8 billion dirhams on 122 million shares, and “marine dredging” jumped 102.61% to the level of 26.42 dirhams, attracting liquidity of 4.79 billion dirhams on 221.9 million shares.

In the Dubai market, “Air Arabia” rose 62% at a price of 2.07 dirhams, through a liquidity of 2.3 billion dirhams on 1.2 billion shares, and “Gulf Navigation” rose 34.5% to 0.657 dirhams, attracting one billion dirhams of liquidity through trading at 2.5 billion. Arrow.

And «Emaar Properties» increased by 23.8%, to the level of 6.08 dirhams, through liquidity, which is the highest in the market, at 24.7 billion dirhams, on 4.3 billion shares.

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