Topic
Abu Dhabi Securities Exchange
Stories tagged Abu Dhabi Securities Exchange
UAE Stock Markets Gain AED257 Billion in 2024
UAE stock markets closed 2024 with AED257 billion in market capitalisation growth, lifting the combined ADX and DFM total to AED3.905 trillion — up from AED3.648 trillion at end-2023 — on strong IPOs, foreign inflows, and over AED449 billion in trading value.
1 Jan 2025
ADX Executes AED149M Direct Deal in IHC Shares
The Abu Dhabi Securities Exchange (ADX) executed a major direct deal in International Holding Company (IHC) shares worth AED149 million. The off-order-book transaction involved 360,000 IHC shares priced at AED414 each, with no impact on closing prices or market indices.
19 Nov 2024
LuLu Group Plans Abu Dhabi IPO in Major Listing Move
LuLu Retail Holdings Plc is preparing a landmark IPO on the Abu Dhabi Securities Exchange, offering 25% of the company — 2.58 billion shares — in what is tipped to be the largest listing in the UAE in 2024. Subscription opens October 28, with the final price set on November 6
21 Oct 2024
UAE Stock Markets Gain AED 61 Billion in One Week
UAE stock markets gained AED 61 billion in one week, with ADX adding AED 52.8 billion and DFM contributing AED 8 billion. Total market capitalisation rose to AED 3.591 trillion, led by real estate, utilities and finance sector gains.
7 Sep 2024
ADX Gains AED 13.5B as Financial Blue Chips Rally
The Abu Dhabi Securities Exchange (ADX) added more than AED 13.5 billion to total market capitalisation on June 24, 2024, as financial blue-chip stocks fuelled strong buying interest across the UAE's two main exchanges.
25 Jun 2024
Abu Dhabi Lists $5.3bn Bonds on ADX Exchange
Abu Dhabi listed $5.3 billion in government bonds on the Abu Dhabi Securities Exchange in three tranches, marking the emirate's first eurobond issuance since 2021 and one of the largest emerging-market debt deals of 2024. Abu Dhabi holds an AA rating from S&P Global.
22 Jun 2024