The Abu Dhabi Securities Exchange (ADX) witnessed its gains rise by nearly AED43bn ($11.7bn) over the previous week’s trading sessions amid the ongoing announcements of semi-annual company results.
The market value of stocks listed on the ADX grew to AED2.874tn ($783bn) at the close of Friday’s session from AED2.831tn ($771bn) at the close of last Friday.
Meanwhile, the Dubai Financial Market (DFM) recorded a market capitalisation of AED687.4bn.
Abu Dhabi Securities Exchange
The market capitalisation of listed equities on the ADX surged to AED2.874tn by the close of Friday’s session, a notable uptick from around AED2.831tn at the end of the previous week.
Throughout the trading week, the FADX15 rose 1.09 per cent, a gain of 103.5 points, finishing at 9606.41 points.
The FTSE ADX General Index, which reflects the overall performance of the ADX, registered a gain of some 0.95 per cent or 93.2 points, ending at 9,879.7 points.
Simultaneously, the Dubai General Index reached a milestone of 4,064.31 points.
The local equities market attracted an inflow of liquidity exceeding AED8.6bn over the week, split between AED6.67bn in the ADX and AED1.98bn in the DFM.
Trading activity covered more than 3.16 million shares, totalling over 144.100 transactions.
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