The UAE stock market ended the last session of the second quarter with an increase. The Dubai market index rose by 0.52% to 4030 points, with trades amounting to 709.81 million dirhams. In Abu Dhabi, the market index also saw a rise of 0.629% to 9,060.73 points, with trades totaling 1.67 billion dirhams.
In the Dubai market, some of the highest increases were seen in companies like Amlak (4.34%), Amanat (3.77%), Spinneys (3.37%), Dubai Commercial (2.64%), and Emirates Reem (2.23%). Conversely, some of the companies with the largest declines included Al-Salam Sudan (9.95%), Empower (4.57%), Dubai Taxi (1.90%), TECOM (1.88%), and Ithmaar (1.70%).
In the Abu Dhabi market, notable increases were seen in companies like Abu Dhabi National Insurance (12.39%), Union Insurance (8.33%), Energy (7.51%), Medical Projects (6.67%), and Food (6.38%). On the other hand, some companies experienced declines, such as Rapco (9.82%), Commercial International (4.76%), ESG (4.76%), Palms (4.4%), and Food (3.64%).
Overall, the stock market in the UAE showed positive growth at the end of the second quarter, with various companies experiencing both increases and decreases in their stock prices.