mixed day for stock trades in uae
Wednesday 19 February 2025
Last Updated : GMT 06:49:16
Arab Today, arab today

Mixed day for stock trades in UAE

Arab Today, arab today

Arab Today, arab today Mixed day for stock trades in UAE

Mixed day for stock trades in UAE
Dubai - Arab Today

UAE shares were mixed yesterday, as investors digested the large number of fourth-quarter earnings from blue chips such as Emaar, Aldar Properties and Etisalat.
Dubai shares spent much of the day in positive territory but ended the day down 0.2 per cent at 3,645.01 owing to a late drop by Emaar Properties.
The developer’s shares rose by as much as 2.2 per cent yesterday following the announcement late on Tuesday of better-than-expected profit, before tailing off to close just 0.3 per cent higher at Dh7.62.
Arabtec Holding led losses for a third straight day, closing down 5.6 per cent at Dh1.02, the stock’s lowest level in more than two years.
Emirates NBD and DFM were the pick of the big-name gainers, rising 1.9 per cent and 4.1 per cent respectively.
Shares in Abu Dhabi meanwhile closed up by 0.5 per cent at 4,596.69, bolstered by banking stocks.
FGB and NBAD shares led gains in the capital, rising 2.3 per cent and 2.5 per cent. The two institutions are set to merge on April 1, with new shares in the merged entity to commence trading the following day.
Shares in Etisalat, which announced a 2 per cent increase in annual profits late on Tuesday, gained 1.1 per cent in early trading, before giving up gains to end unchanged at Dh17.90.
Aldar Properties meanwhile fell by 2.7 per cent to Dh2.49, following the developer’s warning of "headwinds" in the Abu Dhabi property market this year.
Shares in Saudi Arabia bounced back after a minor sell-off on Tuesday. The Tadawul finished 0.58 per cent higher on the back of gains in Al Rajhi Bank and Jabal Omar Development.

Source: The National

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mixed day for stock trades in uae mixed day for stock trades in uae

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mixed day for stock trades in uae mixed day for stock trades in uae

 



GMT 15:34 2017 Wednesday ,08 March

REDTAG offers stylish products for Mother’s Day

GMT 08:29 2017 Friday ,29 December

Some 109 houses damaged in strong earthquake

GMT 14:15 2017 Saturday ,14 October

HM King congratulates new UNESCO chief

GMT 04:26 2017 Thursday ,10 August

Saudi King meets Malaysian Premier

GMT 08:00 2017 Wednesday ,01 November

67 words that shaped Palestinian, Israeli lives

GMT 08:40 2017 Thursday ,24 August

Premier hails Bahraini-Thai relations

GMT 11:31 2017 Monday ,25 September

German campaign takeaways and challenges

GMT 14:49 2015 Thursday ,30 July

Kuwaiti authorities clamp down on militants

GMT 16:59 2017 Thursday ,29 June

WHO thanks crown prince for anti-cholera funding

GMT 20:58 2017 Saturday ,22 July

Trump affirms depth of US-Bahraini relations

GMT 13:26 2017 Thursday ,30 March

More whistle-blowers are talking to WADA

GMT 12:09 2017 Thursday ,02 November

Etihad Airways announces design competition winner

GMT 13:02 2018 Tuesday ,04 December

French PM puts fuel tax hike on hold after protests

GMT 13:10 2018 Friday ,12 October

Petroleum minister calls on prime minister

GMT 11:00 2018 Thursday ,13 September

Basra best example of Iran’s defeat

GMT 18:04 2018 Saturday ,01 September

No confirmed case in past 72 hours of cholera epidemic

GMT 16:37 2016 Friday ,11 March

Arab committee on Iran convenes at Arab League

GMT 03:18 2012 Thursday ,26 January

Haywire

GMT 21:40 2018 Saturday ,20 January

Relatively cold weather on Sunday
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday