2024-06-14 18:33:07
The market capitalization of the UAE inventory market elevated by roughly 40.5 billion dirhams (about 11 billion U.S. {dollars}) on this week’s buying and selling as Alef Schooling Holding’s shares had been listed on the Abu Dhabi Securities Alternate.
The market worth of listed shares elevated from 3.39 trillion dirhams final Friday to three.43 trillion dirhams at at this time’s shut, of which the market worth of shares listed on the Abu Dhabi Securities Market was 2.755 trillion dirhams, and the market worth of the shares listed on the Abu Dhabi Securities Market was 6,752 trillion dirhams. billion dirhams.
The Abu Dhabi Securities Market witnessed the itemizing of “Alef Schooling” shares this week, with a market capitalization of AED 9.45 billion. That is the primary public providing witnessed by the market this yr after the profitable completion of the general public providing in 2017. 1.89 billion dirhams, accounting for 20% of the corporate’s shares.
Equities attracted Dh6.9 billion value of liquidity in the course of the week, together with Dh5.5 billion within the Abu Dhabi market and Dh1.4 billion within the Dubai market, with 2.66 billion shares traded and 137,200 trades executed.
“Worldwide Holding” shares accounted for the biggest share of buying and selling quantity this week, with liquidity reaching 1.17 billion dirhams, adopted by “Alpha Dhabi” shares which attracted 393.57 million dirhams, adopted by “Pure Well being” shares with roughly 285 million dirhams. , and “Alpha Dhabi” shares attracted roughly AED 285 million in transactions.
“Emaar Properties” shares topped the buying and selling quantity listing on the Dubai market this week, with liquidity of roughly AED 303.4 million, adopted by “Drake & Scull” shares which attracted AED 256.4 million, adopted by “Emirates NBD” For shares, liquidity is AED 160 million, and for “Dubai Islamic” shares there may be AED 97 million.
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