Friday, June 21, 2024
Today’s News

DX Acquires Dhs7b as Bank Stocks Continue Functioning Exceptionally Well.

After Thursday’s making trades session, the aggregate total market value of listed shares was Dhs3.49 trillion, consisting of Dhs675.8 billion for DFM-listed shares and Dhs2.795 trillion for ADX-listed shares.

By the end of the session, local stocks had drawn over Dhs1.5 billion in liquidity, which was split between Dhs1.12 billion on the ADX and Dhs396.3 million on the DFM. In excess of 30,700 trades were made involving over 533.1 million shares.

International Holding Company (IHC) attracted the highest liquidity of Dhs196.8 million on ADX, leading the trading activity. With Dhs84.3 million in liquidity, Alpha Dhabi Holding trailed closely, while Adnoc Gas and Multiply Group produced Dhs80.8 million and Dhs61.8 million in liquidity, respectively.

Separately, Abu Dhabi Islamic Bank has demonstrated its dedication to developing Emirati talent and furthering national development objectives by winning three major awards during the second cycle of the Nafis Award.

Aiming to increase the competitiveness of Emirati human resources and provide them the ability to work in the private sector, the Nafis Award is an initiative that was started as part of the “Projects of the 50” agenda.

Employees of ADIB in the Legal Department, Abdullah Nasser Al Nuaimi, and Compliance Department, Shafiqa Mohammed Al-Salami, took first and second place, respectively, in the category of specialized jobs and banking jobs. Nouf Al-Ali, a call centre worker, took the third spot in the retail and customer service jobs.

Also Read:

Dr. Marika Crohns: Efficient Business Consulting Services With Impactful Innovations  

Increasing to $135.9 Billion, Saudi Arabia now Owns US Treasury Bonds.

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Friday, June 21, 2024

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