Home » Economy » Emirates stocks varied…and the Dubai index regained the level of 4200 points

Emirates stocks varied…and the Dubai index regained the level of 4200 points

by Alexandra Hartman Editor-in-Chief

2024-02-12 11:15:00

The performance of UAE stocks varied at the beginning of the week’s trading, as the Dubai market index rose while the Abu Dhabi index declined.

The Dubai Financial Market index rose 0.64% to 4,210.96 points, with Emaar Properties rising 3.11%, Emirates NBD 0.86%, Dubai Islamic 0.62%, and Emaar Development 0.56%.

The highest increase was: National Industries 14.9%, Al Firdaws 4.81%, Aramex 4.16%, and Emirates Reem 4.05%.

The most declining: Emirates Investment 5.73%, Emirates Takaful 5.70%, Empower 3.50%, Amanat 2.60%, and Mashreq 2.20%.

In Abu Dhabi, the index fell 0.21% to 9,324.19 points, as International Holding shares settled at 399.5 dirhams. While Alpha Dhabi fell by 3.2% and Multiplay by 3.4%, ADNOC Logistics rose by 0.5% and Aldar by 0.78%.

The highest increase today was Fujairah Cement by 8.82%, Foodco by 8%, Easy Lease by 3.91%, Sharjah Cement by 3.85%, and E7 Bonds by 2.46%.

The decliners were Ooredoo 7.71%, Gulf Cement 6.47%, Ishraq 5.07%, ESG 4.81%, and Buildco 3.64%.

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