Dubai-Mubasher: UAE markets witnessed a volatile trend in Thursday’s early trades by 11:00am UAE time after the two markets opened in green.
Dubai Financial Market (DFM) fell 0.1% to reach 2,636 points, while Abu Dhabi Securities Exchange (ADX) added 0.32%.
UAE markets are likely to hold on Thursday, amid expectations of re rearrange portfolios through changing positions after the stocks fell to attractive price levels, analysts earlier told Mubasher
In DFM, the banks sector declined after Emirates NBD fell 2.17% to AED 6.31.
The index losses widened after Aramex retreated 3.3% to AED 2.63.
On the flipside, the ADX rise was backed by the growth of energy and real estate sectors.
TAQA rose 2.56% to AED 0.4, while Aldar Properties advanced 0.51% to AED 1.97.
First Gulf Bank increased 0.97% to AED 10.45
