The Abu Dhabi Stock Exchange ended Thursday 0.773% higher thanks to strong advances in the banking sector as a result of encouraging results reports, while the DFM reached a one-year high.
The primary lender in the nation, FAB, which closed at AED13.880, 3.270% higher, drove the capital’s Index FADGI. Following suit, the closing percentages for the United Arab Bank, National Bank of Ras Al Khaimah, and Abu Dhabi Islamic Bank were 10.580%, 7.070%, and 2.530%, respectively. ADNOC Drilling continues to perform at its highest level and finished 1.720% higher at AED4.140.
The main index in Dubai closed at 3,515.910 points thanks in large part to Emirates NBD, which finished 3.730% higher at AED13.900 and led the market in the Financials and Industrials indices.
