UAE Stock Markets Draw Dh1.6 Billion Investment, Led By IHC And Emaar

Local stock markets saw liquidity of nearly Dh1.6 billion at the close of trading today. International Holding Company (IHC) and Emaar Properties were the top traders.

The liquidity was split between Dh1.15 billion in the Abu Dhabi Securities Exchange (ADX) and Dh476.2 million in the Dubai Financial Market (DFM). This came after trading 316.1 million shares through more than 22.5 thousand transactions.

The market capitalisation of listed stocks reached Dh3.424 trillion by the end of today's session. ADX-listed stocks accounted for Dh2.75 trillion, while DFM-listed stocks made up Dh673.9 billion.

IHC's stock led the trading with around Dh190.18 million, followed by First Abu Dhabi Bank (FAB) with approximately Dh150.5 million, and e& with about Dh114 million.

Top Performers in DFM

In the Dubai Financial Market, Emaar Properties' stock was the most active, attracting around Dh145.9 million. Emirates NBD followed with liquidity of Dh98.6 million, and Gulf Navigation came next with Dh77.2 million.

The robust trading activity highlights investor confidence in these leading companies, reflecting their strong market positions. The overall performance of both ADX and DFM indicates a healthy trading environment, supported by significant transactions and high liquidity levels.

These figures underscore the dynamic nature of the UAE's financial markets, showcasing their ability to attract substantial investments consistently.