ABU DHABI, 30th April, 2024 (WAM) -- The local stock markets witnessed trading activity with a liquidity of nearly AED24.3 billion, primarily focused on real estate, financial, and banking sectors.
The liquidity was distributed with approximately AED17.2 billion in the Abu Dhabi Securities Exchange (ADX) and AED7.15 billion in the Dubai Financial Market (DFM), involving the execution of over 455,200 transactions.
By the end of April, the market capitalisation of listed stocks reached AED3.48 trillion, with approximately AED2.77 trillion in the ADX and AED710.4 billion in the DFM.
In the Abu Dhabi market, International Holding Company (IHC) led the trading activity with a liquidity of around AED3.4 billion, followed by Alpha Dhabi Holding with a liquidity of AED1.45 billion, and then Multiply Group attracting AED1.17 billion.
In the Dubai market, Emaar Properties dominated the activity with a liquidity of approximately AED1.89 billion, followed by Emirates NBD with a liquidity of AED668.1 million, and then Gulf Navigation Holding PJSC attracting over AED557 million.