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Global stocks: UAE markets end higher; IHC gains on India aluminium venture

UAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased anxiety over Federal Reserve interest rate hikes. Dubai's index surged 1.1%, primarily driven by the strength of its financial and industrial sectors, whereas Abu Dhabi's benchmark climbed 0.9%. This bullish sentiment is rooted in anticipated shifts in U.S.

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Economic TimesLean R·2h ago
Global stocks: UAE markets end higher; IHC gains on India aluminium venture
UAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased anxiety over Federal Reserve interest rate hikes. Dubai's index surged 1.1%, primarily driven by the strength of its financial and industrial sectors, whereas Abu Dhabi's benchmark climbed 0.9%. This bullish sentiment is rooted in anticipated shifts in U.S.
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Global stocks: UAE markets end higher; IHC gains on India aluminium venture

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Global stocks: UAE markets end higher; IHC gains on India aluminium venture

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