Economy Local October 28, 2024

Emirates Stock Market Starts the Week in Green

On Monday, the stock indices of the UAE recorded a green session, marking a positive start to the week in the financial markets.


Emirates Stock Market Starts the Week in Green

Global stock indices showed growth at the beginning of this week. In particular, on Monday, the OAE's fund indices finished up. Thanks to the positive dynamics of industrial and financial sectors, the stock market showed green numbers.

On the Dubai stock exchange, the DFM index rose by 0.8%, while on the Abu Dhabi stock exchange, the ADX index increased by 0.5%. Stocks of leading companies in both emirates also showed significant growth.

It is noted that many investors expect a positive influence from the results of trade talks between the USA and China on the global economy. Hopes for the regulation of trade disputes between the two largest economies are stimulating the investment climate and contributing to the growth of fund markets.