UAE stocks rise as Emaar up 6.4%
Emirati shares rose in both the Dubai and Abu Dhabi markets, with the Dubai Market Index increasing by 0.6% to reach 5,976.58 points. Emaar Properties' stock surged by 6.4% to 11.6 dirhams, with liquidity exceeding 560 million dirhams, following discussions by the company's Board of Directors on enhancing returns and capital allocation. Additionally, the Abu Dhabi Market Index slightly increased by 0.05% to 10,118.32 points, supported by gains in stocks like Space42 and ADNOC Distribution. The total liquidity across both markets amounted to approximately 2.66 billion dirhams.
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