Real Estate Giants and Banks Fuel Growth in UAE Stock Markets

On Tuesday, the UAE stock market saw continued growth, thanks to the support of major real estate companies in Dubai and banks in Abu Dhabi. While most leading stocks remained stable, some companies experienced partial profits. The Dubai market index rose by 0.14% to 4269.4 points, while the Abu Dhabi market index went up by 0.08% to 9252.61 points. Foreign investors contributed a net investment of 126 million dirhams, with 94.7 million dirhams in Dubai and 31.1 million dirhams in Abu Dhabi.

In Dubai, shares of “Emaar Properties” and “Emaar Development” continued to rise, while “Union Properties” experienced a slight decline. In Abu Dhabi, bank shares such as “First Abu Dhabi” and “Abu Dhabi Commercial” supported the market index. Liquidity in the markets totaled 1.47 billion dirhams, with 988 million dirhams in Abu Dhabi and 483.7 million dirhams in Dubai. Trading saw 526 million shares exchanged, with 281