UAE stocks interacted positively with the continued emergence of strong financial results for listed companies, and rewarding cash dividends, to consolidate their gains for the second week in a row, due to a series of rises that extended for eight sessions.
The Abu Dhabi market index closed at a weekly increase of 1% to the level of 9951.29 points, while the Dubai market index rose 2% to 3453.85 points, boosted by the rises in the shares of banks, real estate, utilities and industry.