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.
-
News1 month ago
Offer Price, Overview, Investors: Here’s Everything You Need to Know About Asyad Shipping’s Mega IPO
-
OER Magazines1 month ago
OER, February 25
-
Automotive2 months ago
[REVIEW] A Legend Reinvented: The Nissan Patrol Y63 Blends Heritage with Modern Mastery
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, February 2025
-
Energy1 month ago
Dubai Supreme Council of Energy Unveils 5th Emirates Energy Award 2023–2025 in Muscat
-
News2 months ago
Oil Prices Rise as Investors Assess New US Tariff Threats
-
News2 months ago
Middle East Emerging as a Key Destination for Sports Tourism
-
Banking & Finance2 months ago
Alizz Islamic Bank Partners with Visa to Launch Premium Shari’a-Compliant Card Solutions