UAE Stock Markets Close On Positive Note Driven By Stimulus Packages
Muhammad Irfan Published April 06, 2020 | 10:15 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 06th Apr, 2020) The incentives and stimulus packages recently launched at the country level continue to reflect positively on the UAE financial markets, leaving the country's two main bourses in the green yet again driven by selective buys targeting powerhouse banking and property shares in Abu Dhabi and Dubai.
Backed by the positive sentiments, the general index of Abu Dhabi climbed 1.
28 percent to 3,722 pts, with Dubai Financial Market following suit, ending up 0.57 percent to 1,691 pts.
A total of 7,903 deals worth AED490 million were conducted over 277 million shares.
Etisalat was among the best performers, edging to AED14. Another heavyweight, FAB, edged to AED10 and Aldar Properties to AED1.47.
In Dubai, Emaar continued its upward streak to hit AED2.25, followed by Emaar Development to AED1.92 and Aramex to AED2.59.
Recent Stories
FM Dar not traveling to China: Foreign Office
PM takes notice of deliberate delay in tax cases
Iranian President visits Allama Iqbal’s mausoleum
Iranian President arrives in Lahore today
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 23 April 2024
Today Gold Rate in Pakistan 23 April 2024
Islam enlightened world with its teachings about knowledge: Dr Jamileh
Record London close as oil prices drop on easing Middle East fears
TV tower in Kharkiv struck as Russia captured village
LCCI language courses from May 1
Governor for service oriented governance in Punjab
Survivors tell of panic at C.Africa river boat disaster
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago