Abu Dhabi Bourse (Stock Exchange) Extends Gains on Tuesday

Jerusalem, 4 January, 2023 (TPS) -- ABU DHABI, 3rd January 2023 (WAM)
The Abu Dhabi bourse (Stock Exchange) extended gains on Tuesday with the main index (.FTFADGI) advancing 0.342 percent, driven by the hospitality and energy sectors.

The country’s largest lender First Abu Dhabi Bank (FAB.AD) was also up 0.470 percent, closing at AED17.280.

In more detail, TAQA maintained the momentum gained since the beginning of the year, closing 3.430 percent up at AED3.630. ADQ, under the brand known as Asmak, however, was 0.100 percent down to end the session at AED409.500.

Dubai’s main share index, however, eased 0.67 percent, as Dubai Islamic Bank and Du dipped 1.4 percent and 1.060 percent respectively, while Emaar continued to rise, closing 0.680 percent up at AED5.940.