During this week’s trading, the stock markets in the UAE saw an inflow of approximately AED 6.5B, with particular attention given to stocks in the real estate, financial, and banking sectors.
During the week, liquidity in the UAE markets was distributed with approximately AED 4.57B in the Abu Dhabi market and around AED 1.9B in the Dubai market. A total of 2.3 billion shares changed hands through 113,600 transactions.
By the week’s end, the market capitalisation of listed shares stood at AED 3.565T, with AED 2.841T for shares listed on the Abu Dhabi Securities Exchange and AED 724.1B for shares listed on the Dubai Financial Market.
In the Abu Dhabi market, the International Holding Company (IHC) stock saw the most significant trading volume, amounting to about AED 1B, closing at AED 399.6. Presight experienced the highest weekly increase of 23%, trailed by Hayah Insurance at 16.2% and Abu Dhabi Takaful at approximately 11%.
Emaar Properties dominated activity in the Dubai market, with trading of about AED 428M, followed by Union Properties with liquidity of AED 200M, and then Emaar Development with AED 135M. National General Insurance recorded the highest percentage increase at 14.6%, followed by Ethmar International Holding at 7.4%, and Union Properties at 6.4%.
