Dubai banks stable, Al-Alamiyah effects Abu Dhabi
The strength of bank shares in the Dubai Financial Market supported the index to achieve a slight increase of 0.05% to 5,960.24 points. Meanwhile, the Abu Dhabi Market declined by 1.6% to 10,106 points due to a decrease in the share of "Alamiyah Holding" by 4.58% to 366.4 dirhams, making it one of the most influential companies on the index, amid a drop in liquidity to 1.37 billion dirhams. However, shares of "UAE Dubai National Bank" rose by 1.25%, and "Abu Dhabi First" increased by 1.8%.
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