UAE stocks end in green

WAM
03 Nov 2022, 11:36 GMT+10

ABU DHABI, 2nd November 2022 (WAM) - 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.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Travel Trade.

More Information

27 ℃

Mostly Cloudy in Seletar

Business

Section

U.S. stocks drop sharply following Chinese protests, Nasdaq sheds 177 points

NEW YORK, New York - Concern about the spreading of Covid-19 across China kept investors on edge Monday, with all ...

UK holds $65 million in alleged criminal bank account

LONDON, England: The UK National Crime Agency has obtained a civil recovery order for some $65 million of suspected criminal ...

Holiday iPhone shipments threatened by unrest at Foxconn plant

TAIPEI, Taiwan: After thousands of employees quit, Foxconn's flagship Zhengzhou iPhone plant in China anticipates a reduction in November shipments, ...