The Abu Dhabi Securities Exchange index rose at the close of trading on Wednesday, surpassing its highest level since November 2022 and settling at 10,654 points, with a growth of 3.34 points or 0.031%.
This record rise was supported by strong cash flows and buying momentum on leading stocks, raising the total market capitalization of the market to AED 3.237 trillion and reinforcing the market’s position as one of the most prominent investment destinations in the region.
Regarding daily trading activity, the value of liquidity flowing in reached 1.438 billion dirhams, resulting from the trading of 423.710 million shares through the execution of 27,958 thousand transactions.
The session also witnessed activity in qualitative instruments through the execution of one large negotiated deal on shares of Gulf Cement Company, valued at AED 1.060 million with a trading volume of 1.010 million shares.
Regarding the performance of individual stocks, Dar Al Takaful stock topped the list of the most rising stocks with a growth rate of 12.648%, while Gulf Investment stock came in as the most declining stock with a rate of 9.532%.
In terms of investment activity, Aldar Properties shares topped the list in terms of traded values with a liquidity of AED 138.099 million, while Eshraq shares recorded the largest activity in terms of volume with 53.059 million shares traded.
