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.
-
OER Magazines2 months ago
OER, February 25
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, February 2025
-
Economy1 month ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
Banking & Finance2 months ago
Sohar International Appoints Abdul Wahid Mohamed Al Murshidi as Chief Executive Officer
-
News2 months ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat
-
News2 months ago
Oman Explores Semiconductor & EV Investments with EONH Private Holdings & Jetour Global
-
News1 month ago
Nothing Phone 3a and 3a Pro launches in the Middle East
-
Food & Dining2 months ago
Al-Futtaim IKEA’s Iftar Buffet Is Back, Offering Classic Comfort and Bold New Tastes