The UAE stock market sees green as liquidity hits 1.47 billion dirhams.

On Tuesday, the UAE stock market saw gains, driven by real estate companies in Dubai and banks in Abu Dhabi. The Dubai market index rose by 0.14% to 4269.4 points, while the Abu Dhabi market index went up by 0.08% to 9252.61 points. Foreign investors contributed a net investment of 126 million dirhams, with 94.7 million dirhams in Dubai and 31.1 million dirhams in Abu Dhabi.

In Dubai, shares of Emaar Properties and Emaar Development continued to rise, while Union Properties experienced a slight decline. In Abu Dhabi, bank shares like First Abu Dhabi and Abu Dhabi Commercial supported the market index. Liquidity in the markets totaled 1.47 billion dirhams, with 988 million dirhams in Abu Dhabi and 483.7 million dirhams in Dubai. Trading saw 526 million shares exchanged, with 281.3 million shares in Dubai and 244.7 million shares in Abu Dhabi.

The Abu Dhabi market index saw increases in sectoral indices for financial, communications, and health care stocks, while energy and industry saw declines. In the financial sector, Investcorp shares rose while Multiplay declined

By Riley Johnson

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