First Abu Dhabi Bank (NBAD), the largest lender, and Abu Dhabi National Energy (TAQA), which ended the day up 0.580% and 2.330% at AED17.200 and AED3.510 respectively, helped Abu Dhabi’s main stock index start off strongly in 2023 with a gain of 0.408% on Monday.
Other key lenders, ADCB and ADIB, followed suit, ending the session 0.560% and 0.330 % higher at AED9.050 and AED9.140 respectively.
The Abu Dhabi index outperformed its GCC counterparts in 2022, closing the year with a gain of more than 20% after reaching an all-time high in early November.
Emaar, a well-known building in Dubai, moved up 0.680% to close at AED5.900, while Al Firdous Holdings was the greatest performance, closing the session 8.530% higher at AED0.140. The main index for the emirate, however, ended the day 0.155% lower at 3,330.900.
