UAE stocks gain AED3.8 bn on rising confidence in banking, property blue chips

UAE stocks gain AED3.8 bn on rising confidence in banking, property blue chips

Emaar continued its upward streak, spiking to AED4.23, with Dubai Investments PJSC being among the best performers, closing at AED1.37; Aldar Properties up to AED2.25, followed by Arabtec's share at AED1.24 More momentum has been generated by the banking sector where FAB jumped to AED15.58, with Emirates NBD following suit up to AED13.90 after impressive trading of AED166 million.. A total of 2979 transactions worth AED420 million were conducted today over 171 million shares..