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ADX closes in green zone, gains over Dh7 billion

ADX closes in green zone, gains over Dh7 billion
17 May 2024 11:46


The Abu Dhabi Securities Exchange (ADX) closed Thursday’s session at 9039.31 points, marking a 0.2% increase. Sixty-nine companies were involved in the trading session, with share prices rising for 35, falling for 26, and remaining unchanged for eight.

The market witnessed a substantial rise in market capitalisation, adding over Dh7 billion by the session’s close, driven by robust performances in leading bank stocks. The total market capitalisation for ADX-listed shares reached Dh2.795 trillion.

International Holding Company (IHC) led the trading activity on the ADX, attracting the highest liquidity at Dh196.8 million. Following IHC, Alpha Dhabi Holding saw Dh84.3 million in liquidity, while ADNOC Gas and Multiply Group generated Dh80.8 million and Dh61.8 million, respectively.
The Dubai Financial Market

The Dubai Financial Market (DFM) closed at 4085.78 points and a 0.183% decline. Thirty-nine companies were involved in the trading session. The share price of 19 companies went up, 16 went down and four remained unchanged. 

The total market capitalisation of listed shares on DFM reached Dh695.8 billion. Emaar Properties emerged as the most actively traded stock, attracting Dh139.8 million in liquidity. Air Arabia followed with Dh29.3 million, while Emaar Development and Dubai Islamic Bank saw Dh28.9 million and Dh26.3 million in liquidity, respectively.


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