Thu 08-09-2022 01:35 AM
ABU DHABI, Sept 7, 2022 (WAM) — UAE financial markets on Wednesday saw their market capitalization hit 10 billion on positive sentiment in the real estate, banking and telecommunications sectors and cash inflows from institutions and individuals. Exceeded the AED.
The Abu Dhabi Index (FTFADGI) rose 0.566% to 9,717.380 points with Conglomerate International Holding Company (IHC.AD) trading as ASMAK hitting a high at AED 350.
The Dubai Composite Index (DFMGI) fell 0.406% to 3,382.310 points as blue chip developer Emaar closed at AED6.010. Among other stocks, Emirates NBD and Mashrek Bank rose 1.92% and 1.270% respectively to AED13.250 and AED80.00.