UAE Stock Market Declines Amid Uncertainty

On Monday, the UAE stock market saw a decline. The Dubai index fell by 1%, and Abu Dhabi's by 0.3%. Most major stocks, including Emaar and Emirates NBD, showed negative performance.

In Dubai, Emaar Properties shares fell 1.34% to 11.74 dirhams, and Emirates NBD Bank fell 1.76% to 30.14 dirhams. Salik dropped 1.6% to 5.46 dirhams, and Flydubai fell 2.7% to 4.69 dirhams. Dewa shares decreased 0.36% to 2.75 dirhams, while Emaar Development rose 0.4% to 14.4 dirhams.

On the capital market, Abu Dhabi Commercial Bank shares fell 1.2% to 13.14 dirhams, and Abu Dhabi Islamic Bank fell 0.6% to 22.58 dirhams. Alpha Abu Dhabi declined 1.67% to 7.06 dirhams, and First Abu Dhabi Bank fell 0.3% to 18.54 dirhams.

Uncertainty once again dominated investor sentiment in the UAE stock market on Monday, causing the Dubai index to drop by about 1% to 5656.49 points, while the Abu Dhabi market fell 0.3% to 9808.6 points.

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