Economy Local October 29, 2024

UAE Stocks Surge with Strong Liquidity

UAE stocks witnessed a significant rebound on Monday, bolstered by enhanced liquidity across various sectors, particularly in real estate.


UAE Stocks Surge with Strong Liquidity

Stock in the OAE demonstrated strong recovery yesterday, on Monday, supported by increased liquidity, affecting various sectors, including real estate.

"We observed significant interest in the equity market yesterday with weak preference for sales. This provided good opportunities for investors," noted the analyst.

Investors also concentrated on stocks in the real estate sector, which showed steady growth. Other industries also remained stable and demonstrated positive dynamics.

"This recovery is linked to increased trading across various sectors, including real estate, which positively affected the market," added the expert.