Native inventory market beneficial properties AED 112 billion in June 2024

2024-06-29 21:14:13

The native inventory market added roughly Dh112 billion in market capitalization in June 2024 buying and selling, pushed by merchants’ deal with blue-chip shares, which prompted most blue-chip shares to renew buying and selling exercise.

The market worth of shares elevated from AED 3.364 trillion on the finish of Could final yr to AED 3.476 trillion on the finish of the final buying and selling day in June (Friday, June 28), of which the market worth of shares listed on the Abu Dhabi Securities Market was 2.797 trillion. AED 679 billion in shares listed on the Dubai Monetary Market.

Throughout June buying and selling, the Dubai Monetary Market recorded a market acquire of roughly Dh8 billion, supported by beneficial properties in main shares. The market worth of listed firms’ shares rose from Dh671.3 billion on the shut of the final buying and selling day in Could final yr to Dh679 billion on the shut of yesterday.

In flip, the Abu Dhabi Securities Market recorded market beneficial properties of as much as Dh104 billion, with the market capitalization of listed shares rising from Dh2.693 trillion on the finish of the final buying and selling day in Could final yr to Dh2.797 trillion on the finish of buying and selling on Friday. billion dirhams.

As of the tip of buying and selling in June 2024, the Dubai Monetary Market Index closed at 4030 factors, up 1.3% from the earlier month’s closing of 3977.93 factors, whereas the Abu Dhabi Securities Market Index “Fadji” rose 2.23% to 9060.73 factors, regaining… ( 9000 factors stage), in contrast with final month’s closing stage of 8862.58 factors.

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