The UAE financial markets posted gains of more than 10 billion dirhams ($2.72 billion) in market cap driven by “upbeat sentiments,” WAM reported.
The gains were notable in the realty, banking, and telecom sectors and cash inflows by institutions and individuals alike.
Abu Dhabi Index rose 0.566 percent to 9,717.380 pts with International Holding Company (IHC) closing high at 350 dirhams.
This comes after 374 million dirhams of liquidity and NBAD edging 0.779 percent higher to 18.400 dirhams.
Moreover, the report showed that Dubai General Index slid 0.406 percent to 3,382.310 pts. Blue-chip developer Emaar closed in at 6.010 dirhams.
Among other stocks, the Emirates NBD and Mashreq Bank increased 1.92 percent, and 1.270 percent to 13.250 dirhams and 80.00 dirhams respectively.
