The main indices ended the week’s trading as follows:
During Friday’s trading, stocks in the UAE ended their session higher, in line with global stock markets, with investors welcoming a temporary pause in the campaign to raise US interest rates, which led to improved sentiment in most sectors.
Dubai’s main stock index rose 0.4 percent, continuing its series of gains for the fifth consecutive session, and financial sector stocks led the broader rise that included most sectors.
Emirates NBD Bank shares, the emirate’s largest bank, and Mashreq Bank shares rose 2.6 percent, while Emaar Properties shares rose 0.9 percent.
In Abu Dhabi, the index rose 0.3 percent, led by a 0.6 percent increase in the country’s largest bank, First Abu Dhabi Bank.
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