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1/22/24, 2:14 PM UAE: Salik drives gains at Dubai Financial Market Friday
per cent to AED 403.6; 1.490 per cent to AED3.970; 0.920 per cent to
AED3.220; and 1.450 per cent to AED4.070 respectively. Banking giants FAB
and ADCB stemmed the losses with gains of 2 per cent and 1.8 per cent,
respectively.
Adding to the upward momentum in Dubai, Emirates NBD Bank, the
emirate's largest lender, gained 1.450 per cent after raising USD 450 million
through a sale of 5-year Formosa bonds, according to an arranging bank
document. (ANI/WAM)
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