Sheikh Mohamed extended his sympathies during a visit to the mourning majlis in Al Ain
uae10 hours ago
The market benchmark NBAD General Index gained slightly by 3.95 points or 0.07 per cent to finish at 5,878.40, while the NBAD Emirates Stock Market Indices rose 1.45 points or 0.06 per cent to reach 2,399.46.
Emnex increased slightly by 0.06 per cent to close at 3965.58, up 2.32 points.
Yesterday's rebound was spurred by the banking sector, with the subindex gaining 8.38 points or 0.13 per cent to finish at 6,340.78. The service sector index fell 1.09 points or 0.02 per cent while the insurance sector remained without any change.
As Emnex daily stockline shows, amid low activity on the market, the property sector gained 0.52 per cent as Emaar traded four fils up, while Union Property traded 20 fils less. Islamic sector gained 0.47 per cent as both Islamic banks traded at higher levels. Financial service sector gained 0.07 per cent as Union National Bank traded Dh1 up, but the telecom sector dropped 0.22 per cent with Etisalat shedding 40 fils.
Trading volumes on the Dubai Financial Market took a plunge - compared to 210 deals and 2.5 million shares and a value of Dh20.15 million on Thursday, the market recorded just 125 deals of 1.4 million shares worth Dh8.49 million.
The services sector saw Emaar, Amlak and Shuaa Capital gaining while Tabreed and Union Properties skidding.
The banking sector saw Dubai Islamic Bank gaining 15 fils or 0.19 per cent to finish at Dh 78 on a day on thin trading.
Dubai Islamic Reinsurance lost 75 fils or 1.79 per cent while Gulf General Investment rose by 15 fils.
On the Abu Dhabi Stock Market, Union National Bank, Abu Dhabi Islamic Bank, First Gulf Bank, Bank of Sharjah and Dubai Islamic Bank recorded slight gains in the banking sector and Oasis International Leasing, National Marine Dredging, Emaar and Amlak rising in the service sector.
Etisalat lost further by 0.24 per cent to close at Dh166.10.
Sheikh Mohamed extended his sympathies during a visit to the mourning majlis in Al Ain
uae10 hours ago
According to an official, several people are still feared trapped in the debris
asia11 hours ago
Amateurs Afzaal Ahmad, Parvez Ahmed, and Arbaaz Ahmad shine with an Impressive 89-point performance at the Emirates Golf Club
sports12 hours ago
The Meteorological Organisation that it is closely monitoring what is being circulated on social media
mena12 hours ago
There have been a series of school fires in the country in recent years, many of them which have turned out to be arson
africa12 hours ago
Salama Alfalacy is into realistic art featuring landscapes and wildlife, while Meera Jamal Al Midfa is setting new grounds in performance art and filmmaking
arts13 hours ago
Dubai Police have asked drivers to be extra cautious
transport13 hours ago
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia14 hours ago