Shares of the banking and real estate sectors of the United Arab Emirates rose in value on Thursday, thanks to active trading, which was particularly noticeable on that day.
In particular, the banking sector became the center of attention for investors. Thus, shares of Emirates NBD and Abu Dhabi Commercial Bank grew by 1.2% and 1% respectively. In turn, the real estate sector also demonstrated positive dynamics: Emaar Properties rose by 0.8%, and Aldar Properties - by 0.5%.
It is noteworthy that, in addition to the aforementioned companies, the demand was also high for other stocks, stimulating market turnover and capitalization.
"We see active trading in the UAE market today. This is associated both with the rising price of oil and some internal factors," said one of the analysts.
Thus, analysts hope for further strengthening of the market and positive trends in the future.
