The UAE stock markets reported a total trading turnover of nearly AED 1.4 billion at the close of the session on Monday, with International Holding Company (IHC) and Emaar Properties leading the trading.
The Abu Dhabi Securities Exchange (ADX) saw the highest trading turnover of AED 996.1 million, followed by AED 383.9 million trading turnover in the Dubai Financial Market (DFM).
The surge in turnover led to market capitalisation of listed stocks on the two bourses reaching AED 3.5 trillion at the end of Monday’s session.
UAE IHC dominates stock markets
IHC’s stock dominated the trading with around AED 197.2 million, closing at AED 399.5, followed by Alpha Dhabi attracting around AED 86.4 million and Multiply Group with about AED 71.2 million.
In DFM, Emaar Properties’ stock led the activity, attracting around AED 103.9 million, closing higher by 0.12 percent.
It was followed by Gulf Navigation with liquidity of AED 44.2 million, closing up by 3.67 percent, and Emirates NBD with AED 42.8 million, closing at AED16.25.
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