UAE stock markets opened Wednesday’s session on a positive footing, extending gains for a second consecutive day amid active trading across major sectors.
Dubai’s main index rose by 1.6% to reach 5,597 points, supported by strong performance in real estate and banking stocks. Meanwhile, Abu Dhabi’s index edged up 0.24% to 9,579 points.
In Dubai, Emaar Properties stood out among the top gainers, climbing 5% to AED 12.05. Emaar Development also advanced 4% to AED 14.1, while Emirates NBD gained 4.3% to reach AED 29. TECOM Group recorded a notable increase of 6%, rising to AED 3.32. On the downside, Air Arabia slipped 2.4% to AED 4.39.
In Abu Dhabi, several leading stocks posted gains, with Aldar Properties rising 2.6% to AED 7.79. Abu Dhabi Islamic Bank advanced 5.2% to AED 20.48, and Abu Dhabi Commercial Bank climbed 3.6% to AED 12.78. Multiply Group (2PointZero) also moved higher, gaining 2.8% to AED 1.48.
