UAE stocks face rising pressures
The markets in the UAE experienced sharp declines due to escalating geopolitical tensions in the region, with the Abu Dhabi Securities Exchange index falling by 1.6% to reach 9,801 points, and the Dubai Financial Market dropping by 1.66% to touch 5,799 points. Leading stocks such as Emaar Properties, Emirates NBD, and Dubai Islamic Bank declined between 1.4% and 3.5%. Abu Dhabi Securities also saw notable drops in shares of Abu Dhabi National Bank, Aldar Properties, and ADNOC Gas, reflecting the impact of tensions on economic and investment confidence in the region.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)