UAE stock markets continue to rally

Abu Dhabi: Dubai Financial Market (DFM) stocks rally on Wednesday, the DFM Index is up 2.32 per cent at 10:58 am after declining on profit-taking by investors on Tuesday.

The Abu Dhabi Securities Exchange general index is however, down 1.29 per cent, the decline being led by healthcare, energy, real estate, construction and telecommunication stocks.

In Dubai, shares worth Dh215.66 million have been traded so far, while on the Abu Dhabi bourse shares worth a combined Dh31.73 million have been traded.

In Dubai, real estate major Emaar leads the rally, Emaar stocks currently up 4.84 per cent at Dh3.90.

Real estate developer Aldar Properties' shares are the most traded by value in Abu Dhabi yet.