Site icon Rapid Telecast

ADX, DFM account for 20 percent of Arab exchanges’ liquidity last week

ADX, DFM account for 20 percent of Arab exchanges’ liquidity last week

ABU DHABI, 21st April 2023 (WAM) — The Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) accounted for nearly 20 percent of the Arab exchanges’ liquidity in last week’s trades.

According to the weekly newsletter of the Arab Monetary Fund (AMF), Arab exchanges attracted liquidity amounting to nearly US$10.28 billion last week, of which ADX and DFM share amounted to nearly $2.009 billion.

The newsletter noted that ADX’s liquidity increased by 2.22 percent last week from US$1.489 billion to $1.522 billion, while DFM’s liquidity surged by 41.4 percent from US$344.4 million to US$486.06 million.

Tariq Al Fahaam/ Khoder Nashar

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest  Business News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@rapidtelecast.com. The content will be deleted within 24 hours.
Exit mobile version