Abu Dhabi and Dubai stock markets experienced different levels of growth on Thursday. While the capital market index in Abu Dhabi increased by 0.3% to 9239.38 points, the Dubai index rose by only 0.15% to 4246.67 points. The banking sector provided support for both markets, with companies such as “First Abu Dhabi,” “Abu Dhabi Commercial,” and “Abu Dhabi Islamic” seeing gains in Abu Dhabi, while “Emaar Development” and “DEWA” stocks rose by 1.28% and 0.41%, respectively, in Dubai.
The liquidity in the market was relatively high, with a total of 1.17 billion dirhams traded across both markets. The financial sector provided support to both markets, with banks performing well along with other companies like “Multiplay” and “International Holding.” The communications sector saw gains from companies like “Etisalat E” and “Yahsat,” while the energy sector saw increases from companies like “ADNOC Distribution,” “ADNOC Drilling,” and “Dana Gas.”
In Dubai, the real estate sector saw mixed performance among its stocks, with some gaining ground while others declined. Companies like “Mashreq Bank” and “Deyaar” saw positive growth, while others like “Emirates NBD” and
