Shares in the UAE eked out minor gains on Sunday, as indexes across the Arabian Gulf began the week slightly lower in the run-up to the month of Ramadan.
The Dubai Financial Market General Index enjoyed its fifth consecutive day of gains, rising by 0.28 per cent to 3,360.47, even as more stocks ended in the red than in the black. Trading volumes, however, sagged to less than their daily average for the year to date.
DIB and Emaar Malls were the pick of just six stocks on the emirate’s headline index that finished in the black, gaining 2.85 and 1.46 per cent respectively. At the other end of the spectrum, Damac and DIC acted as anchors, trimming 1.71 and 1.02 per cent respectively.
Abu Dhabi’s headline index finished the day 0.28 per cent higher at 4,297.19, with two-thirds of the index’s shares ending unchanged.
Banks led gains, with NBAD and FGB ending 2.37 per cent and 0.41 per cent higher. Etisalat shares closed up 0.29 per cent at Dh17.45.
Real estate stocks performed poorly. Aldar Properties closed 0.38 per cent lower at Dh2.62, while Eshraq Properties and RAK Properties finished off 1.25 and 1.69 per cent respectively.
Bourses across the Arabian Gulf finished in the red. Saudi Arabia’s Tadawul All Share Index finished 0.83 per cent lower at 6,428.39, while the Qatar Exchange in Doha closed 0.42 per cent lower.
jeverington@thenational.ae
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Business Insights
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Killing of Qassem Suleimani
COMPANY%20PROFILE
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The%20specs%3A%202024%20Mercedes%20E200
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Dirham Stretcher tips for having a baby in the UAE
Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:
• Buy second hand stuff
They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.
• Get a health card and vaccinate your child for free at government health centres
Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.
• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.
Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.
• Once baby is ready for solids, cook at home
Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
SHOW COURTS ORDER OF PLAY
Wimbledon order of play on Saturday, July 8
All times UAE ( 4 GMT)
Centre Court (4pm)
Agnieszka Radwanska (9) v Timea Bacsinszky (19)
Ernests Gulbis v Novak Djokovic (2)
Mischa Zverev (27) v Roger Federer (3)
Court 1 (4pm)
Milos Raonic (6) v Albert Ramos-Vinolas (25)
Anett Kontaveit v Caroline Wozniacki (5)
Dominic Thiem (8) v Jared Donaldson
Court 2 (2.30pm)
Sorana Cirstea v Garbine Muguruza (14)
To finish: Sam Querrey (24) leads Jo-Wilfried Tsonga (12) 6-2, 3-6, 7-6, 1-6, 6-5
Angelique Kerber (1) v Shelby Rogers
Sebastian Ofner v Alexander Zverev (10)
Court 3 (2.30pm)
Grigor Dimitrov (13) v Dudi Sela
Alison Riske v Coco Vandeweghe (24)
David Ferrer v Tomas Berdych (11)
Court 12 (2.30pm)
Polona Hercog v Svetlana Kuznetsova (7)
Gael Monfils (15) v Adrian Mannarino
Court 18 (2.30pm)
Magdalena Rybarikova v Lesia Tsurenko
Petra Martic v Zarina Diyas
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.