UAE Markets account for fifth of Arab exchanges' liquidity

The Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) accounted for nearly 20 per cent 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 $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 $1.489 billion to $1.522 billion, while DFM’s liquidity surged by 41.4 per cent from $344.4 million to $486.06 million.