Categories: Economy

Dubai and Abu Dhabi Stock Markets Experience Growth in Q2, with Notable Increases and Declines among UAE’s Leading Companies.

The UAE stock market had a positive end to the second quarter, with both the Dubai and Abu Dhabi markets seeing growth. In Dubai, the market index rose by 0.52% to 4030 points, while in Abu Dhabi it saw an increase of 0.629% to 9,060.73 points. Trades in Dubai totaled 709.81 million dirhams and in Abu Dhabi they amounted to 1.67 billion dirhams.

Some of the highest increases seen in Dubai included Amlak (4.34%), Amanat (3.77%), Spinneys (3.37%), Dubai Commercial (2.64%), and Emirates Reem (2.23%). On the other hand, some of the largest declines were seen in Al-Salam Sudan (9.95%), Empower (4.57%), Dubai Taxi (1.90%), TECOM (1.88%), and Ithmaar (1.70%).

In Abu Dhabi, notable increases were seen in companies like Abu Dhabi National Insurance (12.39%), Union Insurance (8.33%), Energy (7.51%), Medical Projects (6.67%), and Food

Samantha Johnson

As a passionate content writer at newschemical.com, my name is Samantha Johnson. With a background in journalism and a keen eye for storytelling, I craft compelling articles that captivate and inform our readers. From breaking news to in-depth features, I strive to deliver content that is not only engaging but also insightful. With a love for words and a dedication to accuracy, I work diligently to keep our audience informed and engaged with the latest stories and trends. Join me on this journey through the world of news and knowledge at newschemical.com.

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