After announcing their financial results, Emirates NBD and Abu Dhabi Islamic Bank saw their share prices rise in the Dubai market. Meanwhile, other companies in real estate, industry, and utilities faced pressure due to selective buying of shares at lower prices. The Dubai market index rose by 0.06% to 4169.87 points, while the Abu Dhabi market index fell by 0.04% to 9041.51 points.
In the Abu Dhabi market, “Manazel” surged to the maximum level at 0.351 dirhams, with liquidity amounting to 22 million dirhams. However, most real estate stocks experienced pressure, with “Emaar Properties” declining by 0.97% and “Aldar Properties” falling by 0.58%. In contrast, the Dubai Financial Market index rose by 0.06% to 4169
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