During the past week, the UAE market indices experienced slight differences due to the positive performance of main real estate companies, fluctuations in the banking sector, and efforts to compensate for stock declines that presented attractive buying opportunities. While Dubai’s market rose by 0.04% to 3983.78 points, Abu Dhabi’s market fell by 0.23% to 8932.94 points.
In Dubai, shares of companies like Emaar Properties, Emaar Development, Dubai Islamic, and Emirates NBD saw increases, while in Abu Dhabi, Alpha Dhabi, Multiplay, and Aldar Properties showed positive performance. PureHealth stock also saw significant activity with a weekly jump of 17.49%.
Foreign investors were more inclined towards buying in the Abu Dhabi market, while selling in the Dubai market. Total trading volume amounted to 6.9 billion dirhams, with the Abu Dhabi market seeing higher liquidity compared to the Dubai market.
The markets in Dubai and Abu Dhabi had varied performances in different sectors such as financial, real estate, utilities
