Dubai's main share index gains 0.660%

Dubai's main share index gains 0.660%

UAE financial markets ended in the green Wednesday as Dubai's main share index gained 0.660%, and Abu Dhabi's index added 0.165%.

In the capital, FAB, ALPHADHABI, ALDAR ended higher at AED17.980, AED25.2 and AED4.3 respectively.

The blue-chip developer Emaar Properties was among the best performers in Dubai, gaining 2.010 % to close at AED6.090, and DEWA finished 1.620% up at AED2.510.

The upbeat sentiments were driven by the robust corporate earnings for the 3rd quarter of 2022 as caution persists in wait for the US Fed's interest rate hike decision.

News Source: Emirates News Agency

- Advertisement -
Dark Light