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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

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Ford’s US Q1 auto sales dip

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UAE stocks generate over US$272m cash flows on Monday

A trader checks his smart phone at the Dubai Financial Market. (AFP)
  • ADX notched up $241.25 million in liquidity, as compared to the $31.31 million gained by the Dubai Financial Market (DFM), with $56.50
  • The market capitalisation of listed stocks reached reached $980 billion on Monday, divided into $792 billion in ADX and AED 676.8 billion in the DFM.

Abu Dhabi, UAE–UAE stocks generated strong cash flows Monday, with market liquidity surpassing $272 million.

International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions.

The Abu Dhabi Securities Exchange (ADX) gained $241.25 million in liquidity, as compared to the $31.31 million gained by the Dubai Financial Market (DFM), with $56.50 million shares traded across more than 11,700 transactions.

The market capitalisation of listed stocks reached $980 billion on Monday, divided into $792 billion in ADX and AED 676.8 billion in the DFM.

IHC gained 0.03 percent closing at AED399.5, logging over $58.27million in transactions, followed by Alpha Dhabi with a 0.1 percent increase, closing at AED19.16 and transactions worth around $27.85 million. Meanwhile, PureHealth logged transactions worth $26.76 million, closing stable at AED5.91 without any change.

In Dubai, DEWA took the lead with $6.67 million in transactions, closing stable at AED2.45, followed by Gulf Navigation Holding with transactions worth around $6.45 million, closing at AED7.23, marking an increase of about 1.12 percent. Emaar Properties closed at AED7.69, recording $3.92 million in transactions.