Investment
UAE stocks post AED15 bn in market cap gains
(WAM) — UAE financial markets on Monday posted combined gains of AED15 billion in market cap driven by upbeat sentiments following the positive performance of some of the listed companies, atop of which comes Abu Dhabi National Energy Company PJSC (TAQA).
Despite the cautious lull in today’s early trades, Abu Dhabi’s main stocks index edged up 0.51 pct to 4,353 points with DFM’s General Index the following suit and closing slightly higher at 2,093 points.
In ADX, TAQA was the best performer amid intensive trades worth over AED32 million, which sent its share up to AED1.42. Aldar Properties rose to AED1.75 and ADQ to AED35.
In DFM, Emaar picked up to AED2.67, Emaar Properties to AED2.13, and Aramex to AED3.51.
A total of 5,759 deals were conducted worth around AED360 million over 276 million shares.
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
News3 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment1 month agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News3 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
Magazines1 month agoSignature Oman: May 2026 Edition
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Economy3 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
