Dubai, UAE – UAE stocks rebounded at the start of trading on Tuesday. Driven by investor optimism after US President Donald Trump announced the postponement of the strike on Iran at a Gulf request.
The Dubai Financial Market index rose in early trading by 1.24% to 5,679.32 points. While the Abu Dhabi Securities Exchange index rose 0.47% to 9,604.8 points.
Emaar Properties shares also rose 1% to AED 11.36, and Talabat rose 2.2% to AED 0.885. Emirates NBD 1.17% to AED 27.54, Dubai Islamic 1.25% to AED 7.3, and Air Arabia 1.9% to AED 4.78.
On the Abu Dhabi Securities Market, Alpha Dhabi shares rose 2.7% to AED 7.04 and Al Dar shares rose 0.8% to AED 7.56. Two Point Zero 2.6% to AED 1.97, Abu Dhabi Commercial 1.37% to AED 13.3, and Abu Dhabi Islamic 2.3% to AED 19.42. First Abu Dhabi 1% to 16.98 dirhams.
