The UAE stock market experienced continued volatility in a calm session at the end of the penultimate week of April. Despite this, the Dubai market index closed down only 0.5%, with liquidity close to a quarter of a billion dirhams. On the other hand, the Abu Dhabi market index rose 0.009%, amid weak liquidity of less than 800 million dirhams.
Investors in the Dubai market saw mixed results, with some sectors experiencing gains while others faced declines. The highest increases were seen in Tabreed (4.41%), GFH (3.96%), Emirates Reem (2.62%), Aman (2.00%), and Empower (1.94%). However, some companies saw significant declines, including Union Coop (9.74%), Dubai Investments (5.63%), Deyaar (5.26%), Dubai Commercial (3.57%), and Ithmaar (2.82%).
Similarly, investors in the Abu Dhabi Securities Market also experienced mixed results, with some sectors performing better than others. The highest increases were seen in Union Insurance (14.81%), Abu Dhabi Ports (4
