Due to gains in top bank stocks, the Abu Dhabi Securities Exchange (ADX) maintained its gains at the end of trading on Thursday, increasing its market capitalization by over Dhs7 billion. According to trading data, the Dubai Financial Market (DFM) closed marginally lower in the interim.
After Thursday’s trading session, the aggregate market capitalization of listed shares was Dhs3.49 trillion, consisting of Dhs675.8 billion for DFM-listed shares and Dhs2.795 trillion for ADX-listed shares.
By the end of the session, local stocks had drawn over Dhs1.5 billion in liquidity, which was split between Dhs1.12 billion on the ADX and Dhs396.3 million on the DFM. In excess of 30,700 trades involving over 533.1 million shares were made.
International Holding Company (IHC) attracted the highest liquidity of Dhs196.8 million on ADX, leading the trading activity. With Dhs84.3 million in liquidity, Alpha Dhabi Holding trailed closely, while Adnoc Gas and Multiply Group produced Dhs80.8 million and Dhs61.8 million in liquidity, respectively.
Emaar Properties attracted Dhs139.8 million in liquidity on DFM, making it the most actively traded stock. Air Arabia came in second with Dhs29.3 million in liquidity, followed by Dhs28.9 million from Emaar Development and Dhs26.3 million from Dubai Islamic Bank.
Separately, Abu Dhabi Islamic Bank has demonstrated its dedication to developing Emirati talent and furthering the objectives of national development by winning three major awards during the second cycle of the Nafis Award.
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