UAE stock markets concluded Wednesday with positive results, by the strong performance of the real estate and construction sectors in Abu Dhabi, as well as strong performance in the financial sector in Dubai. The general index in Dubai experienced a 1.611 percent increase, while ADX in Abu Dhabi closed 0.184 percent higher during the final trading session.
Notably, Bayanat AI Company emerged as the top performer in the capital, recording a significant 6.350 percent gain and closing at AED4.190. ADNOC Drilling also maintained its positive momentum, finishing 2.940 percent higher at AED3.830. Contributing to the day’s overall gains, Multiply Group, Methaq Takaful Insurance, ALPHA Dhabi Holding, and RAK Properties saw respective increases of 4.7 percent, 4.050 percent, 3.960 percent, and 3.24 percent in their closing prices, according to WAM.
Dubai’s banking sector experienced notable gains, led by CBD (Commercial Bank of Dubai), which saw a substantial increase of 6.240 percent and closed at AED4.6. Ajman Bank also ended on a positive note, rising 4.42 percent to AED1.890. Meanwhile, Gulf Navigation Holding emerged as the top performer of the day, surging by an impressive 11.760 percent and reaching AED1.520.
