Dubai stocks climbed on Thursday, with the main index gaining 0.240%, or 10 points, to settle at 4,087.350, while ADX General Index closed slightly down at 9,650.100 pts, or 0.673% lower than the last trading session.
The Dubai Stock Exchange is doing well © Mena Today
Dubai stocks climbed on Thursday, with the main index gaining 0.240%, or 10 points, to settle at 4,087.350, while ADX General Index closed slightly down at 9,650.100 pts, or 0.673% lower than the last trading session.
Dubai Financial Market saw Emaar Properties take the top spot in trading, generating AED88.4 million in liquidity, though closing 1.530 % down. The Emirates Islamic Bank was the top gainer, closing 14.910% higher at AED7.400.
Trading in Abu Dhabi was led by the Healthcare Index which was the best performer and closed 2.173 % up. Purehealth was among the top gainers ending the session 3.330% higher at AED5.580
The United Arab Emirates and Saudi Arabia on Wednesday denied media reports they are involved in talks with the U.S. over a possible land offensive by military factions in Yemen against the Houthi group that controls much of the country.
Saudi Arabia, under the dynamic momentum of its Vision 2030 reform plan, is exceeding expectations and reinforcing its status as a global economic powerhouse.
Lebanese officials hope to meet international bondholders to talk about restructuring debt in the next 12 months but are not planning any meetings at the World Bank/IMF Spring meetings next week, finance minister Yassin Jaber said on Tuesday.
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