Emirati stocks gain for fourth day
The stock market in the UAE achieved gains for the fourth consecutive week, with Dubai’s indices rising by 2.5% to 6,269.51 points and Abu Dhabi’s by 1.17% to 10,113.48 points. This positive performance was supported by strong foreign buying and a favorable outlook for real estate and banking stocks, with Emaar Properties shares increasing by 2.35% and Aldar Properties rising by 6%. The total market liquidity amounted to 4.32 billion dirhams, distributed between Dubai and Abu Dhabi markets.
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