WAM
01 Nov 2022, 03:33 GMT+10
ABU DHABI, 31st October, 2022 (WAM) -- Abu Dhabi's stock market (FTFADGI) edged up 1.2 percent to 10,412.250 points by the end of today's session, driven by 3.5 percent hike in the First Abu Dhabi Bank (NBAD) and 0.020 percent in International Holding Co PJSC - IHC (ASMAK), which both closed AED17.900 and AED403.00 respectively.
However, Dubai closed 0.524 percent down to 3,331.760, as DEWA slipped 1.6 percent to AED2.440, with Emaar following suit and edging down 0.660 percent to AED6.060.
The world financial markets mixed Monday ahead of US Federal Reserve's interest rates decision. The Fed is widely expected at this week's meeting to announce another rate hike of 0.75 percentage points, three times its usual margin.
Get a daily dose of Breaking Property News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.
More InformationNEW YORK CITY, New York: Bitcoin surged to a new all-time high this week, buoyed by growing institutional interest and a wave of pro-crypto...
SHENZHEN, China: As global chip competition intensifies, Huawei Technologies is exploring new markets in the Middle East and Southeast...
LONDON/NEW YORK CITY: American grocery bills may be headed higher as coffee and orange juice prices face upward pressure from new tariffs...
BATTLE CREEK, Michigan: In a major consolidation of iconic food brands, WK Kellogg has agreed to be acquired by the owner of Ferrero...
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
Matt Fleming- Addressing the objectively wrong defenders of Marxism
Gavin Newsoms California- A cautionary tale, not a national blueprint
By excluding gay parents, the right risks losing the family argument
Bulldozed- How eminent domain erased working-class neighborhoods
Douglas Schoen- New York City moves left, California moves right