• Sat. May 18th, 2024

Agility Global’s Debut in Abu Dhabi Stock Market Attracts Foreign Investment, Boosting Emirates Stock Markets Performance

BySamantha Jones

May 5, 2024
Agility Global Shakes Up the Market with 327% Growth

In the Emirates stock market, the Dubai market index rose by 0.18% to 4140.82 points while the Abu Dhabi market index decreased by 0.08% to 9024.23 points. Agility Global made a noticeable impact on the Emirates stock market on its first day of trading on the Abu Dhabi market, with a significant jump of 327% to 1.58 dirhams from the reference price of 0.37 dirhams. The company’s shares attracted liquidity of 140 million dirhams, with 93.47 million shares traded, and were listed and began trading directly in the Abu Dhabi Market, Class II, within the industries sector.

Foreign investors (non-Arabs) poured a net investment amounting to 127 million dirhams as a result of purchases, mostly concentrated in the Abu Dhabi market at around 110 million dirhams. Overall, the shares attracted a total liquidity of 1.46 billion dirhams, with 1.17 billion dirhams in the Abu Dhabi market and 289.8 million dirhams in the Dubai market.

In terms of market performance, foreign investors (non-Arabs) played a significant role in driving growth in both markets, particularly in

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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