RIYADH: Dubai and Abu Dhabi indexes gained a total of 22 billion dirhams ($5.9 billion) during the first week of Ramadan, breaking the 10,000-point barrier for the first time and reflecting growth for the second consecutive month, WAM reported on Monday.
This comes amid optimistic economic output as investors’ sentiments continue to improve.
IHC’s Apex National Investment alone drew as much as 10.1 billion dirhams in transactions, as a result of increased demand.
Similarly, Dubai’s main share index drew a total of 5,251 transactions, with an accumulated worth of 520.5 million dirhams.
