On Monday, the Dubai market index rose by 0.4% to 4263.29 points, driven by real estate shares, while the Abu Dhabi market also saw a 0.18% increase to 9245 points, supported by banking shares. Investors in both markets showed interest in purchasing shares across different sectors, with real estate and industrial sectors driving growth.
In Dubai, trading focused on four real estate stocks including Union Properties, Emaar Properties, Emaar Development, and Deyaar. These stocks accounted for about half of the Dubai market’s liquidity. Meanwhile, in the Abu Dhabi market, shares of First Abu Dhabi Bank, Abu Dhabi Commercial, Abu Dhabi Islamic, and Taqa all saw gains. The financial, industrial, and utilities sectors boosted the Abu Dhabi market index.
A significant deal was executed on the shares of Emirates NBD Bank in Dubai while three large transactions were executed on the shares of Abu Dhabi National Hotels Company in Abu Dhabi. In terms of nationality-based trading
