WAM
19 Oct 2022, 11:54 GMT+10
ABU DHABI, 18th October, 2022 (WAM) - The UAE Stock markets closed higher on Tuesday, led by gains in heavyweight real estate and banking sectors.
In Abu Dhabi, the FADX 15 , the first co-developed index under ADX's strategic partnership with FTSE Russell, advanced 3.511 % bolstered by the International Holding Co PJSC (ASMAK) surging to AED388.800 following the Abu Dhabi government's decision to transfer the ownership of Etihad Aviation Group - the parent of Etihad Airways - to the holding company.
Following suit, FAB, ADIB, and ADCB closed higher 2.43 %, 1.56 % and 0.89 % respectively.
Likewise, Dubai's main share index (DFMGI) closed 0.98% higher, driven by improved sentiments at the real estate and banking sectors. Dubai Islamic Bank, Emirates NBD, and Emaar Properties all ended the session favourably by 1.5 %, 0.76 % and 0.82 % respectively.
Get a daily dose of San Antonio Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Antonio Post.
More InformationPORTLAND, Oregon: A federal trial has begun in Portland, Oregon examining the constitutionality of a stringent gun control law approved ...
SACRAMENTO, California: Sixteen migrants from Venezuela and Colombia, who had entered the United States through Texas, were transported to California ...
Two months have passed since Jordan Montgomery earned a victory for the St. Louis Cardinals. The 30-year-old left-hander will try ...
GLOBAL PR CONNECT (GPRC)New Delhi [India], June 9: Bird ExecuJet Airport Services Private Limited was named the sole General Aviation ...
WASHINGTON - The Supreme Court on Thursday issued a surprising 5-4 ruling in favor of Black voters in a congressional ...
Ozzie Albies hit a three-run homer with two outs in the 10th inning to give the Atlanta Braves a 13-10 ...
WASHINGTON D.C.: The Federal Aviation Administration has said that a drone sighting disrupted some flights at Pittsburgh International Airport this ...
PORTLAND, Oregon: A federal trial has begun in Portland, Oregon examining the constitutionality of a stringent gun control law approved ...
PHILADELPHIA, Pennsylvania: Philadelphia Mayor Jim Kenney and members of the city's historical commission have been sued by a group which ...
LANSING, Michigan: Michigan's Department of Natural Resources said by a wildfire in the state has burned through more than 3 ...
ISTANBUL, Turkey: In an interview with Reuters, Willie Walsh, director-general of the International Air Transport Association, (IATA), said airlines are ...
SACRAMENTO, California: Sixteen migrants from Venezuela and Colombia, who had entered the United States through Texas, were transported to California ...