Both the UAE’s markets for shares came out of 2024 with considerable advancement due to a sound economy, foreign investments and successful IPOs. ADX & DFM Market Capitalization reached AED3.905 trillion from AED3.648 trillion end of 2023 based on the data.
Market Highlights
The ADX also saw its market capitalization rise to AED 2.998 trillion by the end of December 31,2024 from AED 2.961 trillion in the previous financial year. Likewise, DFM registered a substantial rise wherein the resultant market capitalization increased from AED687.5 billion in 2023 to AED 906.912 billion in 2024.
Trading was sustained throughout the year with total trading values clearly exceeding AED449 billion. The ADX took the lion share with AED342.4 billion trading value, followed by the DFM, which contributed AED106.7billion. According to the volume, both the ADX and the DFM witnessed a turnover of more than 142 billion shares; while the ADX with a ratio of 90.16 billion, the DFM saw 51.85 billion.
Indices and Transactions
The trading year concluded to the FTSE ADX General Index of 9,414.460 and the DFM General Index considerably over 5,158.670 points. Total, both markets witnessed more than 7.2 million trading turn over, whereby 4.655 million were transacted at ADX and remaining 2.55 million at DFM confirming the robust investor traffic.
A Global Investment Hub
This healthy AED257 billion market capitalization increase means that the UAE remains ideal for investment within the MENA region and internationally. The performance proves investors’ confidence on the UAE economic prowess to sustain the growth amidst stiff market competition.
As the UAE moves towards 2025, the stock markets firmly stand on this foundation and ready to further unfold, strengthening their position as growth pillars of the country.
