ABU DHABI, Aug 4 (NNN-WAM) – Driven by powerhouse realty and bank shares, the listed companies in UAE financial markets posted combined gains of AED 15.8 billion in market cap, on the first trading day of the month.
Abu Dhabi’s main stocks index was up 0.45 percent to 4,324 points yesterday, driven by gains by some of the blue chips, with DFM’s General Index following suit, and closing 0.70 percent high at 2,065 points.
In Abu Dhabi, FAB closed high at AED 11, followed by ADCB, AED 5.04, with Abu Dhabi National Energy Company (TAQA) continuing its upward streak to AED 1.44.
In Dubai Financial Market, the Emirates NBD rose to AED 9.01, with the Union Properties maintaining its positive performance, closing up at 35 fils, and Deyaar Development to 28 fils.
A total of 7,722 deals were conducted worth AED 450 million over 629 million shares.– NNN-WAM
