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Improved investor sentiments continue to drive UAE financial markets

by Dubaiforum

ABU DHABI, 30th March, 2023 (WAM) — Improved investor appetite continued Thursday to drive UAE financial markets.

In the UAE capital, Index FADGI closed 0.241 % higher at 9,478.640 pts, with TAQA rising 3.350% to AED3.390 and Presight AI continuing its impressive performance, hiking 3.1% to AED3.330.

Other gainers in Abu Dhabi included ALPHADHABI, which closed favourably at AED22.3; BURJEEL, AED2.260; and RAKBANK, up 3% to AED5.150.

In Dubai, the Commercial Bank of Dubai rose 2.650% to AED4.260 and property blue-chip Emaar increasing 2.330% to AED5.720, driving the DFM main index 0.732% to 3,425.569 pts.

Hatem Mohamed

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