The Dubai Financial Market rose 0.55 per cent to 5,116.49 points yesterday, while the Abu Dhabi Securities Exchange faltered – falling 0.35 per cent to 5,153.15.
Leading Dubai’s charge was Arabtec Holding, which continued surging with a rise of 2.86 per cent to Dh8.99 per share on a volume of 88.77 million.
Its fellow blue-chip company Emaar rose by 1.85 per cent to Dh11 per share on a volume of 20.79 million and du stock rose by 1.68 per cent to Dh6.05 each, with 1.22 million shares traded.
At Aramex, which yesterday announced a 14 per cent increase in first-quarter profit to Dh852 million compared with the same period last year, the stock fell 1.54 per cent to Dh3.20 per share.
Meanwhile, the Abu Dhabi index was driven down by the property giant Aldar, which fell by 1.16 per cent to Dh4.25 per share, on a volume of 90.38 million.
In the banking sector, Abu Dhabi Commercial Bank dropped 1.11 per cent to Dh8.01 per share, with 6.08 million traded. National Bank of Abu Dhabi stock also fell 1.01 per cent to Dh14.75 per share, on a volume of 101,656, and Waha Capital’s share price slipped 3.36 per cent to Dh2.88 each, with 18.2 million traded.
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