Close Menu
  • WORLD
  • UAE
  • Business
  • Entertainment
  • Lifestyle
  • Sports

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

From Fort to Future: How Dubai Police Evolved into a Smart AI-Driven Force

June 2, 2025

Cool Off in Style: The Perfect Pool Day at Burj Al Arab’s SAL

June 2, 2025

Dubai Launches Major Road Upgrade with New Tunnels in Jumeirah, Umm Suqeim

June 1, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
Dubai.News: Stay Updated With The Latest UAE & Global News
Subscribe Login
  • WORLD
  • UAE
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Dubai.News: Stay Updated With The Latest UAE & Global News
  • Home
  • UAE
  • Middle East
  • WORLD
  • Entertainment
Home - UAE - UAE Stock Markets Gain AED 61 Billion in One Week
UAE

UAE Stock Markets Gain AED 61 Billion in One Week

Ra'uf Asim RahalBy Ra'uf Asim RahalSeptember 7, 20242 Mins Read
Share Facebook Twitter WhatsApp Email LinkedIn Telegram
Image of Dubai used for illustrative purpose only Image Credit: Shutterstock

In the last week, stock markets in the UAE experienced remarkable growth. AED 61 billion was added to the market capitalization of all securities traded in these markets. These increases were mainly inspired by the real estate, finance and industrial sectors.

Abu Dhabi Securities Exchange topped best performers list with an increase of AED 52.8 billion while Dubai Financial Market (DFM) registered an additional amount of AED 8 billion. As a result, there was an overall surge in total market capitalization of listed shares from AED 3.531 trillion last Friday to AED 3.591 trillion at closure today. Thus, ADX listed stocks amounted to AED 2.858 trillion while that of DFM was AED 733.3 billion

The FTSE ADX General Index (FADGI) surged by 1.75%, or 163.12 points, finishing at 9,448.05 points while FADGI 15 grew by 1.52%, adding 140.4 points to close at 9,362 .89 points respectively .Abu Dhabi’s major sectors such as real estate (3.1%), industry (2.96%) and finance (1.87%) were leading contributors .The utilities sector had the highest performance increase at 5.53%.

The DFM General Index increased by 1.1%, or 47.4 points to close at 4,37215 points with the real estate sector rising by 3.2%, as well as financial (1.38%), telecommunications (1.11%) and industrial (0.48%) sectors.

The week’s strong market performance is a reflection of investor confidence and positive momentum

Print Friendly, PDF & Email
Share. Facebook Twitter WhatsApp Email Copy Link
Previous ArticleWorld Governments Summit Explores Future Trends with Global Partners
Next Article UAE Declares Public Sector Holiday for Prophet Muhammad’s Birthday
Ra'uf Asim Rahal

Related Posts

From Fort to Future: How Dubai Police Evolved into a Smart AI-Driven Force

June 2, 2025

Cool Off in Style: The Perfect Pool Day at Burj Al Arab’s SAL

June 2, 2025

Dubai Launches Major Road Upgrade with New Tunnels in Jumeirah, Umm Suqeim

June 1, 2025

UAE Introduces Landmark Media Law After 40 Years to Regulate AI, Gaming, and Digital Platforms

May 30, 2025
Demo
Just In

From Fort to Future: How Dubai Police Evolved into a Smart AI-Driven Force

June 2, 2025

Cool Off in Style: The Perfect Pool Day at Burj Al Arab’s SAL

June 2, 2025

Dubai Launches Major Road Upgrade with New Tunnels in Jumeirah, Umm Suqeim

June 1, 2025

UAE Introduces Landmark Media Law After 40 Years to Regulate AI, Gaming, and Digital Platforms

May 30, 2025
  • Twitter
  • Instagram
Don't Miss
Artificial intelligence

From Fort to Future: How Dubai Police Evolved into a Smart AI-Driven Force

Dubai started setting up a world-class police force before the UAE was ever established. Dubai’s…

Print Friendly, PDF & Email

Cool Off in Style: The Perfect Pool Day at Burj Al Arab’s SAL

June 2, 2025

Dubai Launches Major Road Upgrade with New Tunnels in Jumeirah, Umm Suqeim

June 1, 2025

UAE Introduces Landmark Media Law After 40 Years to Regulate AI, Gaming, and Digital Platforms

May 30, 2025

Subscribe to Updates

Get the latest updates from Dubai News.

About Us
About Us

Dubai News (Formerly Fame News) is a leading news platform founded by Sheeraz Hasan, covering UAE and international news, entertainment, and technology. It is a sister concern of Fame by Sheeraz.

Email Us: sheeraz@fame.me

Facebook X (Twitter) Instagram

Subscribe to Updates

Get the latest news from Duabai News about UAE and international news, entertainment, and technology.

Facebook X (Twitter) Instagram LinkedIn
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Policy
A Fame By Sheeraz Media Company.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?