UAE stocks end in green

WAM
03 Nov 2022, 11:36 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 Broadcast Communications.

More Information

25 ℃

Mostly Cloudy in Seletar

Business

Section

CNN informs employees that layoffs are underway

ATLANTA, Georgia: As companies look to rein in costs and trim their headcount to brace for an economic slowdown, CNN's ...

US single-family home prices fall in September

CHICAGO, Illinois: Amidst higher mortgage rates, which are curbing demand, several surveys showed that U.S. single-family home prices slowed again ...

U.S. stock markets take a back seat, Nasdaq Composite retreats 21 points

NEW YORK, New - U.S. stocks were little changed at the close Friday after a volatile week.A labor report released ...

HSBC sells holdings to Royal Bank of Canada

HONG KONG: Paving the way for a potential bumper payout to shareholders, HSBC has agreed to sell its business in ...

US set Thanksgiving weekend record with 197 million shoppers

WASHINGTON D.C.: The National Retail Federation (NRF) has reported that even as inflation has negatively affected many household budgets, heavy ...

Exxon Mobil closing oil division in Equatorial Guinea in 2026

IRVING, Texas: Exxon Mobil Corp will wind down oil production in Equatorial Guinea in West Africa after its license expires ...

Broadcasting

Section