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.