Positive beginning for UAE stocks in early April trading

Global Investors Drive Up Dubai, Abu Dhabi Stock Markets; Real Estate and Banking Shares Lead the Way

On Monday, the Dubai market index rose 0.4% to reach 4263.29 points, with real estate shares leading the way. In Abu Dhabi, the market also saw a 0.18% increase to 9245 points, driven by strong performance from banking shares.

Investors from various nationalities showed interest in both markets, with different trends observed in buying and selling activities. Liquidity in Abu Dhabi was led by International Holding, Abu Dhabi National Hotels, Alpha Dhabi, and Multiplay, while trading in Dubai focused on Union Properties, Emaar Properties, Emaar Development, and Deyaar.

Trading activity in both markets was substantial, including a large deal on Emirates NBD Bank shares in Dubai and three large transactions on Abu Dhabi National Hotels Company shares in Abu Dhabi. The Abu Dhabi market’s rise was supported by gains in the financial, industrial, and utilities sectors

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