UAE financial markets.. qualitative gains from the beginning of 2022

The UAE financial markets have achieved qualitative gains since the beginning of this year 2022, as the Abu Dhabi Stock Exchange has added about 332 billion dirhams to its market capital since January, supported by strong gains for the listed shares, increased demand from international investors, in addition to new listings, while the Dubai market rose The financial statement during the first five months of this year was about 4.73%.

According to the monitoring of the Emirates News Agency “WAM”, the FTSE index of the Abu Dhabi general market rose by 18.5 percent during the first five months of this year to close at 10054.9 points at the end of last May, and the market also succeeded during the same period, achieving the highest historical level ever with It reached 10,171 points last April.

The market value of the shares listed on the Abu Dhabi Securities Exchange increased from 1.626 trillion dirhams at the end of last year to 1.958 trillion dirhams at the end of last May, an increase equivalent to 332 billion dirhams thanks to the strong gains in shares, in addition to the new listings that included “Abu Dhabi Ports” and “Abu Dhabi Ports.” GFH".

According to WAM's monitoring, the Dubai Financial Market rose during the first five months of this year by 4.73%, reaching the level of 3,347.2 points, with market gains that exceeded 136.5 billion dirhams, bringing the market capital of the shares listed on the Dubai market from 411.5 billion dirhams at the end of last year to 548 billion dirhams. dirhams at the end of last month.

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