Browsing: Stock Market

Wealth managers and major stock market players in the Gulf are gearing up for significant volatility in stock and currency markets ahead of the following US election. They are developing strategies to maximise potential gains for their clients, particularly family offices, while mitigating substantial downside risks.

The combined market capitalisation of the 20 largest companies listed on the UAE’s stock exchanges reached AED 2.8T this week. This figure is expected to rise further as part of plans to double the market’s overall value to AED 6T in the coming years.