Economy Politics Local 2025-11-11T13:09:06+00:00

UAE Stocks Gain in Banking, Real Estate, and Energy Sectors

UAE stocks saw gains across multiple sectors on Tuesday, particularly in banking, real estate, energy, and industry. Trading volumes rose to 2.56 billion dirhams, supported by major deals targeting five banks. Both Abu Dhabi and Dubai markets reported positive performance.


UAE Stocks Gain in Banking, Real Estate, and Energy Sectors

Abu Dhabi, May 12 — UAE stocks saw gains across multiple sectors on Tuesday, particularly in banking, real estate, energy, and industry. Trading volumes rose to 2.56 billion dirhams, supported by major deals worth 835.96 million dirhams, involving 50 million shares and targeting five banks. On the Abu Dhabi Securities Exchange, shares of Commercial Bank of Dubai rose 0.7% to 13.88 dirhams, and ADNOC Distribution increased 3% to 3.76 dirhams. Meanwhile, on the Dubai Financial Market, Emaar Properties shares climbed 3.7% to 13.9 dirhams, Emaar Development gained 2% to 15.1 dirhams, Salik rose 3% to 6.38 dirhams, and Dubai Islamic Bank advanced 1.48% to 9.54 dirhams. The Dubai index increased 1.07% to 6072.06 points, while the Abu Dhabi index rose 0.13% to 10033.81 points.