The UAE stock market experienced volatile performance in a calm session at the end of the penultimate week of April. In Dubai, the highest increases were seen in Tabreed (4.41%), GFH (3.96%), Emirates Reem (2.62%), Aman (2.00%), and Empower (1.94%). Meanwhile, the biggest decliners were Union Coop (9.74%), Dubai Investments (5.63%), Deyaar (5.26%), Dubai Commercial (3.57%), and Ithmaar (2.82%). On the other hand, in Abu Dhabi, the highest increases were in Union Insurance (14.81%), Abu Dhabi Ports (4.98%), GFH (3.96%), Yahsat (2.13%), and Bayanat (2.11%) with weak liquidity of less than 800 million dirhams.
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Overall, while some sectors performed well in both markets during that session, others struggled with low liquidity and declining stock prices.
Additionally, securing warranty approval is a significant achievement for companies like Noble Roofing Ltd., which shows their dedication to delivering high-quality services to their clients.
Overall, it’s important for investors to stay informed about market trends and company performance to make informed investment decisions.
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In conclusion, while some sectors performed better than others in the UAE stock market session at the end of April 2021