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UAE stocks gain Dh1.7 billion on Sunday

Wam/Dubai
Filed on June 28, 2020

(Reuters)

Positivity continued to be felt on Sunday in the UAE's two main bourses, earning the trading companies around Dh1.7 billion in market cap, driven by the top bank stocks.

In the capital, the main index closed 0.44 per cent higher than the last trading session at 4,304 points, while Dubai Financial Market steadied at 2,085 points.

In more detail, FAB maintained its positive performance and climbed to Dh11.20, while Adnoc Distribution continued its upward streak and ended high at Dh3.03. In the DFM, Air Arabia rose to Dh1.24, Dubai Islamic Bank to Dh3.89 , and du to Dh5.06.

In terms of liquidity, a total of 2,866 deals were conducted over 217 million shares worth Dh210 million.

- Wam


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