UAE market cap soars as top 16 companies hit AED 2.7 trillion
Abu Dhabi [UAE], January 5 (ANI/WAM): As of January 2024, the aggregate market capitalisation of the top 16 national companies listed on local exchanges stood at AED2.7 trillion. Driven by planned market expansions and existing valuations exceeding AED 3.6 trillion, this figure is anticipated to experience significant growth, potentially reaching AED 6 trillion in the coming years.
According to official figures, 16 listed