UAE stocks gain AED11b in two straight sessions

UAE stocks gain AED11b in two straight sessions

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 capital's bourse, the general index rose 1.1 percent to 4,376 pts.. The Dubai Financial Market's general index rose to 2071 pts, or 0.04 percent over the last trading session.. A total of 5,881 deals were conducted worth AED408 million over 303 million shares..