“Leadership” leads the gains of UAE stocks

UAE stocks regained their green path in Tuesday’s session, with an almost unanimous rise in leading stocks that remained below their fair price levels as a result of being affected by a series of recent declines.

The Dubai market index rose by about 1% to 5,724 points, while the Abu Dhabi market index rose 0.4% to 9,825.6 points.

In Dubai, shares of Emaar Properties increased by 2.4% to 11.98 dirhams, Emaar Development by 2.35% to 14.82 dirhams, Talabat 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.

In the capital market, shares of Aldar Properties increased 2.47% to 8.3 dirhams, Borouge 0.4% to 2.64 dirhams, Abu Dhabi Commercial 0.15% to 13.02 dirhams, Abu Dhabi Islamic 0.4% to 22.7 dirhams, and Alpha Dhabi 1.7% to 7.06 dirhams.