The Abu Dhabi Securities Exchange (ADX) has reported the execution of 10 significant deals with a total value of over AED15.6bn ($4.2bn) since the beginning of 2023.
According to ADX data, these deals were carried out through 321.14m shares of three listed companies.
The ADX firms involved in the giant trades were:
- Al Alamiya Holding
- Multiply Group
- Ghada Holding
Abu Dhabi major ADX deals
Among the three companies, Al Alamiya Holding accounted for the largest share of the major deals with five.
In mid-January, the first deal was executed, involving 8.3 million shares valued at AED3.37bn ($918m).
Another significant deal was executed in February, involving 2.7 million shares valued at AED1.04bn ($283m).
In March, three deals were executed, involving 23.7 million shares valued at AED9.5bn ($2.6bn).
The Multiply Group’s stock witnessed the execution of major deals in February, for 279.8m shares valued at AED1.15bn ($313m).
The last significant deals were executed by Ghada Holding for 6.5 million shares worth AED533m ($145m).
Last year, ADX reported the execution of 207 major deals, totalling AED68.15bn ($18.6bn) for 16.1 billion shares.
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