Abu Dhabi and Dubai's twin bourses rallied for the second consecutive session as investor sentiments continued to improve, driven by an optimistic economic outlook.
The two markets gained a combined AED 22 billion during the first week of Ramadan, with Abu Dhabi Securities Exchange (ADX) breaking the 10,000 pts barrier for the first time amidst increased demand for IHC's Apex National Investment which drew AED 10.1 billion in transactions.
Dubai's main share index followed suit, advancing 0.74 pct to 3541.6 pts following 5,251 transactions worth AED 520.5 million.
Al Tayer calls for global action on critical minerals to power clean energy transition
UAE, US strengthen economic and financial partnership during Washington talks
RTA signs AI partnerships with Chinese firms to boost future transport projects
UAE joins global AI initiative at Washington summit
