Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

ADX profits vault to $11.70bn

A view of traders at Abu Dhabi Stock Exchange. (Report Adviser)
  • The value of stocks on the bourse increased to $781 billion at the end of Friday's session as against $770 billion at the close of last Friday
  • Over the week, the equities market saw an inflow of liquidity exceeding $2.34 billion, split between $1.81bn in ADX and $539m in the DFM

Abu Dhabi, UAE–The Abu Dhabi Securities Exchange (ADX) saw its gains climb nearly $11.70 billion 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 $781 billion at the close of today’s session from $770 billion at the close of last Friday.

Meanwhile, the Dubai Financial Market (DFM) recorded a market capitalization of $187 billion.

The market capitalization of listed equities on the ADX surged to $781 billion by the close of today’s session, a notable uptick from around $770 billion at the end of the previous week.

Concurrently, the DFM’s market capitalization reached a value of $187 billion.

Throughout the trading week, the FADX15 rose 1.09 percent, 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 percent 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 $2.34 billion over the week, split between $1.81 billion in the ADX and $539 million in the DFM.

Trading activity covered more than 3.16 million shares, totaling over 144.100 transactions.