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Business Markets

UAE stocks end in green

First Abu Dhabi Bank, Alpha Dhabi, Aldar, Emaar, Dewa Emaar among the best performers



A view of Abu Dhabi Securities Exchange (ADX).
Image Credit: Gulf News archives

Abu Dhabi: 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, First Abu Dhabi Bank, Alpha Dhabi and Aldar ended higher at Dh17.980, Dh25.2 and Dh4.3 respectively.

The blue-chip developer Emaar Properties was among the best performers in Dubai, gaining 2.010 % to close at Dh6.090, and DEWA finished 1.620% up at Dh2.510.

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.

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