Driven by powerhouse realty and bank shares, the listed companies in UAE financial markets posted combined gains of Dh15.8 billion in market cap on the first trading day of the month.
Abu Dhabi's main stocks index was up 0.45 per cent to 4,324 points on Monday, driven by gains by some of the blue chips, with DFM's General Index following suit, and closing 0.70 per cent high at 2,065 points.
In Abu Dhabi, FAB closed high at Dh11, followed by ADCB at Dh5.04, with Abu Dhabi National Energy Company (Taqa) continuing its upward streak to Dh1.44.
In Dubai Financial Market, Emirates NBD rose to Dh9.01, with the Union Properties maintaining its positive performance, closing up at 35 fils, and Deyaar Development to 28 fils.
A total of 7,722 deals were conducted worth Dh450 million over 629 million shares.