Dubai’s main share index closed 1.96% higher at 5,864.43 points on Tuesday, adding 112.71 points, while the Abu Dhabi index rose 1.09%, or 105.01 points, to end the session at 9,745.80.
The gains recovered part of the losses of recent sessions as buying momentum improved, Al Khaleej newspaper reported. The Dubai index had been up 0.77% at midday.
In Dubai, Emaar Properties rose 3.4% to AED11.52 and Air Arabia climbed 6.2% to AED5.30. Dubai Electricity and Water Authority gained 3% to AED2.75, Emaar Development added 1.96% to AED12.46, du rose 1.8% to AED12.48 and Emirates NBD advanced 1.86% to AED30.62, according to Al Khaleej.
In Abu Dhabi, Abu Dhabi Islamic Bank led gainers with a rise of 5.7% to AED22.98. Abu Dhabi Commercial Bank rose 3.4% to AED16.90, First Abu Dhabi Bank gained 3% to AED19.24, ADNOC Gas added 1.28% to AED3.16 and Aldar Properties rose 1% to AED7.65.
United Arab Bank led decliners on the Abu Dhabi exchange with a fall of 4.895%, Mubasher reported. Shares of 62 companies rose, 22 fell and 49 were unchanged, and all sectors gained, led by basic materials with a rise of 3.65%.
