Economy
UAE stocks gain AED4 bn in market cap

(WAM) — UAE financial markets on Monday posted gains of around AED4 billion in market cap driven by upbeat sentiments and positive financial statements released by listed firms.
For the second day straight, Abu Dhabi’s main stocks index continued to rise, edging up 0.27 pct to 4, 545 points, with DFM’s General Index the following suit, and closing 0.11 higher than the last session at 2,237 points.
In the Dubai Financial Market, Union Properties PJSC was among the best performers amid intensive trades worth over AED63 million, which sent its share up 10.6 pct to 31 fils. Aramex rose to AED4.40 and Deyaar Development PJSC to 29 fils.
In the Abu Dhabi Securities Exchange, ADQ significantly increased to AED39, amid AED162 million of transactions. Aldar Properties PJSC likewise ended high at AED2.07 and ADCB to AED5.83 A total of 6300 deals were conducted worth around AED740 million over 516 million shares in both bourses.
-
Banking & Finance2 months ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
OER Magazines1 month ago
OER, July 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, July 25
-
Education2 months ago
Russia offers diverse tourism and education opportunities: Sofia Malyavina
-
Digital2 months ago
Russia’s Digital Frontier: An Inside Look with Alexey Goreslavsky of IRI
-
News4 weeks ago
OpenAI Strengthens ChatGPT’s Mental Health Safeguards Ahead of GPT-5 Launch
-
Energy2 months ago
Oman Investment Authority launches the Sultanate’s First Energy Transition Fund
-
Banking & Finance2 months ago
Sohar International Partners as Main Sponsor for Refill 3, a Culinary and Cultural Festival Driving Tourism in Khareef Dhofar