AED's 11 billion euros in UAE stock at 4th session


08 11 2018

The market capitalization of local financial markets grew by 11.1 billion dirham over the past four years due to the fact that the positive situation in real estate, banking and commodity purchases increased thanks to the positive atmosphere of prospects for economic growth and investors' optimistic corporate profits.

According to economic statements, the market shares of the Abu Dhabi stock market will rise to 8.1 billion, while Dubai's market profits will exceed 3 billion.

The Dubai Benchmark Index has exceeded 2800 points, which is 0.85% per week, 24 points Emirates NBD, Arabtec, Dubai Investments, Emaar Properties and Dubai Islamic.

Arabtec Holding grew nearly 20% at its highest level over a month at AED2.28, at the same time as the quarterly earnings growth. The Abu Dhabi market rose 2.74% and closed at 5016.07 points.


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