Bank shares drive market cap gain of AED61b in UAE

Bank shares drive market cap gain of AED61b in UAE

Abu Dhabi's main stocks index was up 7.23 percent to 3,915 points on Wednesday, driven by gains at some of the blue chips, specially powerhouse banking stocks, with DFM's General Index following suit, and closing 6.42 percent high at 1,823.. In Dubai Financial Market, Dubai Islamic Bank edged up to AED3.92, with Emaar picking up to AED2.32 and Emirates NBD to AED7.38.. A total of 9,429 deals were conducted worth AED566 million over 466 million shares..