Sharjah 24 – WAM: The UAE financial markets on Tuesday posted gains of around AED4.1 billion in market cap fueled by continued upbeat sentiments at the realty and banking sectors and cash inflows by institutions and individuals alike.
Driven by Emaar, Dubai General Index (DFMGI) advanced 0.79 percent to 3,463.5927.16 pts, with the property blue chip closing higher at AED4.80 and AED6.04 for Emaar Development and Emaar Properties respectively.
Among other stocks, Emirates NBD, DEWA, and TECOM increased 0.74 percent, 0.77 percent and 1.25 percent respectively.
Abu Dhabi index (FTFADGI) closed slightly 0.02 percent down to 9970.11 pts affected by conglomerate International Holding Company (IHC.AD), traded as ASMAK, slipping slightly down to AED338.800, after AED302 million of liquidity and NBAD following suit to AED19.560.
Among other stocks, Alpha Dhabi rose 0.17 percent to AED24.240 and Multiply 0.46 percent up to AED2.180 while ADNOC Distribution moved 1.75 down to AED4.490.
Related posts:
EEC Enterprise upgrading the community - increasing income
"Merci Facteur: Your Ultimate Solution for AI-Powered Letter and Card Writing and Delivery"
Germany's trade surplus falls in 2021 amid supply disruption-Jerusalem
The dollar is moving away from its lowest level in 6 months... bets on the Fed ending monetary tight...
The gold price in Egypt today, Sunday, January 22, 2023
Gold prices are down 40 pounds in evening trading, and 21 karat records 1170
Why & How to Create a Zero-Trust Framework
Elon Musk requests the testimony of a reporter against Twitter in court