During the last week, the UAE’s market indices fluctuated slightly due to various factors such as the positive performance of main real estate companies, fluctuations in the banking sector, and efforts to compensate for stock declines that presented attractive buying opportunities. The Dubai market rose by 0.04% to 3983.78 points, while the Abu Dhabi market fell by 0.23% to 8932.94 points.
In Dubai, shares of companies like Emaar Properties, Emaar Development, Dubai Islamic, and Emirates NBD saw increases, while in Abu Dhabi, Alpha Dhabi, Multiplay, and Aldar Properties showed positive performance. PureHealth stock also saw significant activity with a weekly jump of 17.49%.
Foreign investors were more inclined towards buying in the Abu Dhabi market while selling in the Dubai market. Total trading volume amounted to 6.9 billion dirhams, with the Abu Dhabi market seeing higher liquidity compared to the Dubai market.
The markets in Dubai and Abu Dhabi had varied performances across different sectors such as financial services
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