UAE stock markets end Monday on positive note

SourceMubasher
SectorFinancial Markets
CountryUAE

UAE – Mubasher: The UAE stock markets continued its upward trend to close in the green territory at the end of Monday’s trading session on the back of rising blue chips.

The benchmark index of the Dubai Financial Market (DFM) advanced by 1.13% to end at 2,654 points.

The market’s turnover registered AED 286.68 million after 187.2 million shares were exchanged.

Emaar Properties climbed by 1.82%, while Emaar Development advanced by 0.7%.

Meanwhile, Emaar Malls and Damac Properties grew by 0.52% and 0.82%, respectively.

As for the Abu Dhabi Securities Exchange (ADX), the main index rose by 0.29% to end at 6,094 points.  

A total of 239.75 million shares were traded at a turnover of AED 1.36 billion.  

First Abu Dhabi Bank (FAB) inched up by 0.14% while Emirates Telecommunications Group and International Holding Co increased by 0.56% and 0.11%, respectively.

In addition, Agthia Group grew by 0.64%, while Abu Dhabi Islamic Bank (ADIB) and Aldar Properties rose by 2.9% and 1.14%, in that order.

...read more...