UAE stock market growth driven by a robust economy, foreign investments, and IPOs in 2024
ADX
Abu Dhabi’s Alef Education included in MSCI UAE Small Cap Index
Inclusion comes within six months of its successful IPO and its subsequent listing on the ADX on 12th June
Lulu Retail Holding appoints BHM Capital as liquidity provider on ADX
This provides greater price stability and ensures adequate trading volumes at any given price level
UAE stock markets see 764 major transactions worth $15.79bn in 2024
The Abu Dhabi Securities Exchange dominates UAE trading, accounting for 95.6% of the total value
Finance House to inject AED 300mn into Abu Dhabi’s ADX for market liquidity
The move is aimed at boosting liquidity and market stability
ADNOC set to close Fertiglobe stake; ADX sees $3.6bn sales of shares in chemical firm
ADNOC close to completion of acquisition of Fertiglobe shares
Abu Dhabi: ADX insider trading ban goes into effect
According to the ADX circular, the blackout period begins today and will continue until the full disclosure of the Q3 financial statements
UAE IPO: NMDC Energy shares end day up 8% in year’s biggest offering
NMDC Energy shares soared more than 21 per cent after IPO in the UAE
Revealed: 20 largest companies on UAE stock exchanges on track for $1.6tn market cap
The largest companies listed on UAE stock markets are on track to to reach a market capitalisation of $1.6tn
UAE stocks gain $16.6bn this week as real estate and industry thrive
UAE stock markets crept closer to $1tn market cap after seeing major gains this week
NMDC Energy IPO oversubscribed by 31 times as record offering generates $24bn demand for UAE listing
NMDC Energy set to raise $877m in massive UAE IPO
NMDC Energy shares to debut on ADX at AED 2.8 in upcoming IPO
The issue will open on Friday, August 30
Markets meltdown: UAE DFM, ADX, Saudi Tadawul drops as investor fear grows
Emaar, Emirates NBD, DIB sees massive drops alongside shares in ADX and Tadawul as global markets are affected by investor sentiments with Wall Street’s ‘fear index’ reaching its highest level in four years
Abu Dhabi Exchange gains $3.7bn on strong day for finance stocks
Abu Dhabi Exchange leads the way as UAE market caps reach $940bn
UAE stocks rally as IHC and Emaar lead liquidity surge
A total of AED1.15 billion was traded on the Abu Dhabi Securities Exchange (ADX), with a further AED476.2 million on the Dubai Financial Market (DFM)
Abu Dhabi’s Alef Education rings ADX bell after $20bn IPO order book shatters demand
Shares of the AI-powered learning solutions provider began trading today under the symbol “AlefEdT,” marking the ADX’s first IPO of 2024