#Market capitalisation

Spinneys - IPO - DFM

Spinneys increases retail share offering for upcoming IPO

The supermarket chain aims to raise up to Dhs1.38bn($375m) from its IPO

Boursa Kuwait reports 13.3% rise in 2022 net profit

Its operating profit for the 2022 financial year came in at $73.8m, increasing 22 per cent

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

DFM welcomed 167,332 new investors, bringing its investor base to over one million


Dubai toll operator Salik raises over $1bn from IPO

Salik is expected to commence trading on the Dubai Financial Market on September 29

Ether leads crypto market surge after CPI report release

Ether recovery helps crypto revisit $1tn market cap level

It appears to have found support around its 200-week moving average, which currently sits near $1,200


Aramco closes in on Apple as world’s most valuable firm

The rally in oil prices has boosted the world’s biggest oil company’s shares

Alpha Dhabi invests Dhs367m in DEWA’s IPO

The investment has been made through its subsidiary Alpha Dhabi Partners Holding

Traded values on Abu Dhabi Securities Exchange increased 407% in 2021

Market capitalisation of stocks listed on the exchange more than doubled to reach Dhs1.6tn


Apple’s market cap briefly tops $3 trillion after relentless rally

The stock first reached $1 trillion in value in mid-2018, and achieved a $2 trillion valuation in August 2020

Saudi Aramco loses status as most valuable publicly listed company to Apple as Amazon closes in

Amazon riding an e-commerce and cloud computing wave as people shelter-in-place due to Covid-19