The UAE stock market recovered its upward trend on Tuesday, with a broad-based rise in leading stocks that had remained below their fair value levels due to a series of recent declines. The Dubai index rose by about 1% to 5724 points, while the Abu Dhabi index gained 0.4% to 9825.6 points. In Dubai, shares of Emaar Properties jumped 2.4% to 11.98 dirhams, Emaar Development by 2.35% to 14.82 dirhams, Drake & Scull by 4.12% to 0.808 dirhams, Salik by 1.8% to 5.62 dirhams, and Emirates NBD by 1.2% to 30.28 dirhams. On the capital's market, shares of Aldar Properties rose 2.47% to 8.3 dirhams, Borouge by 0.4% to 2.64 dirhams, Commercial Bank of Abu Dhabi by 0.15% to 13.02 dirhams, Abu Dhabi Islamic Bank by 0.4% to 22.7 dirhams, and Alpha Dhabi by 1.7% to 7.06 dirhams.
