WAM
22 Sep 2023, 06:59 GMT+10
ABU DHABI, 21st September, 2023 (WAM) -- UAE stock markets Thursday continued to capitalise on improved investor sentiments, defying US Fed's decision to keep interest rates steady on Wednesday, while projecting an increase by year-end.
Blue-chip real estate, banking, and energy stocks lead the gainers in the Capital's bourse, as giant property Emaar drove DFM to an 8-year high of 4,179.680 pts, 0.997 percent up from the last trading session.
In Dubai, property blue-chip Emaar led the rally, closing 6.410 percent up at AED7.970, followed by Mashreq Bank, which grew 3.770 percent up to AED165.00.
Dubai Islamic Bank edged 1.5 percent up to AED5.8 as Dubai Financial Market fared favourably to end in the green at AED1.660, 2.47 percent up from the last trading session.
In Abu Dhabi, Index FADGI closed 0.239 percent higher at 9,845.990 points, buoyed by robust trading over real estate giant Aldar Properties which ended 7.9 percent up at AED5.870. Abu Dhabi Islamic Bank was among the best performers and closed 2.320 percent up at AED10.600 as Dana Gas and ADNOC Drilling continued their positive performance, closing 1.9 percent and 1.2 percent up at AED0.904 and AED3.940 respectively.
Get a daily dose of Dublin News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Dublin News.
More InformationREDMOND, Washington: Microsoft President Brad Smith said there is no chance of super-intelligent artificial intelligence (AI) being developed within the ...
NEW YORK: A survey by Consumer Reports found that electric vehicles (EV) from 2021 through 2023 model years encountered nearly ...
LONDON, UK: In a report released this week, the Economist Intelligence Unit (EIU) said that Singapore and Zurich tied for ...
WASHINGTON D.C.: This week, the U.S. Federal Aviation Administration (FAA) said it implemented a new aircraft certification policy, which requires ...
WASHINGTON D.C.: As businesses built more warehouses and accumulated machinery equipment, the U.S. economy grew faster than initially forecast in ...
WASHINGTON D.C.: This week, the White House said that Senior Biden administration officials met with the makers of respiratory syncytial ...
HELSINKI, Finland: After Finland joined the North Atlantic Treaty Organization (NATO) earlier this year, hundreds of migrants from the Middle ...
CHISINAU, Moldova: Over the weekend, heavy snowfall and strong blizzards in Romania, Moldova and Bulgaria left one person dead and ...
DHAKA, Bangladesh - The European Union (EU) expressed hope on Wednesday that Bangladesh would hold democratic, credible, peaceful, and participatory ...
DUBLIN, Ireland - The government has admitted that it may not be able to accommodate all asylum seekers who arrive ...
The U.S. is running out of money and time helping Ukraine in its defense against Russian aggression, Office of Management ...
Such a move would only lead to the emergence of an illegal market and spike in female mortality, Valentina Matvienko ...