Investment
UAE stocks gain AED11 bn in two sessions

(WAM) — Upbeat sentiments triggered by the positive performance of banking and telecommunications companies for the second straight session earned the UAE capital markets around AED11 billion in market cap at the close of Wednesday’s session.
At the capital’s bourse, the general index rose 1.1 percent to 4,376 pts. FAB closed at AED11.60, and ADCB at AED5.23. Etisalat was among the best performers, growing significantly to AED16.78.
The Dubai Financial Market’s general index rose to 2071 pts, or 0.04 percent over the last trading session. This was motivated by the positive performance of leading banking shares, including the Emirates NBD which continued its positive performance and closed at AED8.93, followed by the Dubai Islamic Bank which ended the session at AED3.89.
A total of 5,881 deals were conducted worth AED408 million over 303 million shares.
-
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
-
News4 weeks ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat