Stocks in the UAE typically see an upsurge at the start of the week’s trading

UAE Markets Experience Slight Rise in Early Week Trading, with Real Estate and Industrial Sectors Leading the Way

Yesterday, Monday, UAE shares experienced a slight rise at the beginning of the week’s trading. The support came from various sectors such as real estate, banking, energy, and industrial companies, with foreign investors showing varying trends. The Dubai market index increased by 0.006% to 4173.28 points, while the Abu Dhabi market rose by 0.03% to 9093.17 points.

In Dubai, the real estate sector saw gains in the shares of companies like “Emaar Properties” by 1.5% and “Dubai Taxi” by 1.74%. The industrial sector also saw increases in the shares of companies like “Dubai Investments” and “Aramex” by 1.38% and 3.62%, respectively. In Abu Dhabi, shares of “First Abu Dhabi Bank,” “International Holding,” and “Multiplay” experienced gains as well.

ADNOC Drilling’s stock saw a significant increase following its quarterly results, rising by 4.33%. The Dubai market also witnessed a large direct deal in Gulf Navigation shares worth 35.86 million dirhams

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