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ABU DHABI / WAM
The UAE stock markets on Wednesday saw a robust rise in the leading shares of the real estate sector at the Dubai Financial Market, with Emaar shares leading at AED7.52, and Etisalat shares registering a significant rise.
The largest support for the market came from the Emaar shares that bounced to the level of AED7.52 after the calm that dominated trading since Sunday. The shares attracted good liquidity of more than AED51 million.
Emaar’s positive performance reflected on the rest of the real estate sector as Emaar Malls’ shares rose to AED2.59, followed by Damac at AED2.87, while Arabetc shares were up AED0.725. At the Abu Dhabi Securities Exchange, Etisalat shares rose to AED17.65, while Eshraq Real Estate gained AED1.10, and First Abu Dhabi Bank closed unchanged at AED11.30.