UAE stocks end in green

WAM
03 Nov 2022, 07:06 GMT+10

ABU DHABI, 2nd November 2022 (WAM) - UAE financial markets ended in the green Wednesday as Dubai's main share index gained 0.660%, and Abu Dhabi's index added 0.165%.

In the capital, FAB, ALPHADHABI, ALDAR ended higher at AED17.980, AED25.2 and AED4.3 respectively.

The blue-chip developer Emaar Properties was among the best performers in Dubai, gaining 2.010 % to close at AED6.090, and DEWA finished 1.620% up at AED2.510.

The upbeat sentiments were driven by the robust corporate earnings for the 3rd quarter of 2022 as caution persists in wait for the US Fed's interest rate hike decision.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Shanghai Sun.

More Information

null in null

International

Section

Multiple Israeli troops die as armored personnel carrier is blown up in Gaza

Seven Israeli soldiers killed in explosive attack in Gaza

KHAN YOUNIS, Gaza - Seven Israeli soldiers were killed in a large explosion in southern Gaza's Khan Younis area on Tuesday night,...

Khamenei remains in hiding as clerics fast-track succession plans

Iran scrambles to secure Khamenei's successor

DUBAI, U.A.E.: Iran's top clerics are quietly accelerating succession plans for Supreme Leader Ayatollah Ali Khamenei, who was threatened...

Monsoon floods batter China, raising climate concerns

China issues red alerts as floods hit major provinces

BEIJING, China: Extreme weather is once again testing China's resilience, as intensifying monsoon rains trigger floods across major...

UK and France issue heat warnings as temperatures climb

Heat warnings issued in UK and France as temperatures soar

LONDON/PARIS: British and French authorities have warned people to stay safe as an early summer heat wave brings unusually high temperatures...

Muslim bloc calls on Israel to sign Nuclear Non-Proliferation treaty

OIC to form contact group despite Israel-Iran ceasefire

ANKARA, Turkey: Amid rising tensions in the Middle East, the Organisation of Islamic Cooperation (OIC) announced it would form a new...

Trump goes on social media to announce Israel-Iran ceaeefire

U.S. president announces ceasefire between Israel and Iran

WASHINGTON DC, - U.S. President Donald Trump has claimed a ceasefire has been reached between Israel and Iran. He made the claim on...

Asia Business

Section