Shares in Aldar Properties, Abu Dhabi's largest developer, rose yesterday for the second consecutive session, based on rumours of a coming government announcement.
The stock jumped 1.7 per cent to Dh2.33 as more than 15 million shares were traded yesterday, extending its gains from Thursday when it surged by 4.5 per cent.
"Rumours really fuelled the jump," said Saad al Chalabi, an institutional trader at AlRamz Securities based in Abu Dhabi.
Foreign buying of property stocks had also accelerated in the past four days, Mr al Chalabi said.
The Abu Dhabi Securities Exchange General Index moved 0.3 per cent higher to 2,508.52, outperforming the Dubai Financial Market (DFM) General Index, which finished flat at 1,496.20. Poor volumes were attributed to the DFM's typically slow Sundays, brokers said. The bourse had a total traded value of Dh45.7m yesterday, on 28.5 million shares traded.
The four top-traded companies on the DFM saw less than 20 million shares change hands. Emirates NBD, Dubai's biggest lender, fell 0.8 per cent on 70,000 shares traded early in the session.
"Emirates NBD's drop early in the day put pressure on the index, making it difficult for markets to reverse in direction," Mr al Chalabi said.
Elsewhere in the region: Kuwait's index moved up 0.3 per cent to 6,665.60; Bahrain dropped 0.1 per cent to 1,431.28; Oman was unchanged at 6,270.49; and Qatar added 0.4 per cent to close at 7,195.88.
The Saudi Tadawul All-Share Index closed 0.5 per cent up at 6,085.67.
halsayegh@thenational.ae
MATCH INFO
Manchester City 3
Danilo (16'), Bernardo Silva (34'), Fernandinho (72')
Brighton & Hove Albion 1
Ulloa (20')
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
'The worst thing you can eat'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
SERIE A FIXTURES
Friday Sassuolo v Torino (Kick-off 10.45pm UAE)
Saturday Atalanta v Sampdoria (5pm),
Genoa v Inter Milan (8pm),
Lazio v Bologna (10.45pm)
Sunday Cagliari v Crotone (3.30pm)
Benevento v Napoli (6pm)
Parma v Spezia (6pm)
Fiorentina v Udinese (9pm)
Juventus v Hellas Verona (11.45pm)
Monday AC Milan v AS Roma (11.45pm)
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Dr Amal Khalid Alias revealed a recent case of a woman with daughters, who specifically wanted a boy.
A semen analysis of the father showed abnormal sperm so the couple required IVF.
Out of 21 eggs collected, six were unused leaving 15 suitable for IVF.
A specific procedure was used, called intracytoplasmic sperm injection where a single sperm cell is inserted into the egg.
On day three of the process, 14 embryos were biopsied for gender selection.
The next day, a pre-implantation genetic report revealed four normal male embryos, three female and seven abnormal samples.
Day five of the treatment saw two male embryos transferred to the patient.
The woman recorded a positive pregnancy test two weeks later.
MATCH INFO
What: India v Afghanistan, first Test
When: Starts Thursday
Where: M Chinnaswamy Stadium, Bengalaru
Killing of Qassem Suleimani
