Business | Markets
UAE markets close on a winning note
Abu Dhabi's main index closed 0.96 per cent higher at 3,207 points.
- Staff Report
- Published: 11:07 October 9, 2008
- Image Credit: Gulf News Archive
- In Dubai, the main index closed 3.67 per cent higher at 3,198 points.
Dubai: Abu Dhabi's main index closed 0.96 per cent higher at 3,207 points, with top gainers including real estate stocks and banks.
Aldar Properties and Sorouh Real Estate end 3.64 per cent and 3.24 per cent higher, while Abu Dhabi Commercial Bank closed 6.92 percent up.
Emirates Telecommunications closed 1.48 per cent higher.
In Dubai, the main index closed 3.67 per cent higher at 3,198 points.
Emaar Properties ended 3.6 per cent higher, while Arabtec closed up 13 per cent.
Dubai Islamic Bank closed up 4.6 per cent, while Dubai Investments ended 5.6 per cent higher. Telecom operator du ended 9.29 per cent up.
Related Links
- UAE cuts rate to join peers
- Aldar pondering share buyback
- Gulf stock markets rise
- Market mayhem continues
- Domestic buying helps Indian shares rebound
- Market carnage sideswipes Dubai and Abu Dhabi bourses
- Government intervention sought
- Central banks step in to stem market rout
- Stock market crisis hits UAE hard
- Credit squeeze adds to local market woes
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