UAE stocks advance on peace initiatives
UAE stocks rallied led by the real estate and banking sectors after U.S. President Donald Trump announced the suspension of a military strike on Iran, resulting in the Dubai Financial Market Index rising by 1.4% to 5,814 points, and the Abu Dhabi Securities Exchange index increasing by 0.7% to 9,612.88 points. Real estate and banking shares posted strong gains, with Emaar Properties shares up by 3.7% and Aldar Properties shares increasing by 3%.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)