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Day: September 6, 2024

Local stocks gain AED 61 billion in a week

The stock markets consolidated their gains during this week’s trading and its market capitalisation gained nearly AED 61 billion, supported by gains in real estate, financial and industrial shares.

The market gains were AED 52.8 billion for the Abu…

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Oil Edges Higher on US Crude Stock Drawdown

Oil prices inched up in early trading on Friday as investors weighed a big withdrawal from US crude inventories and a delay to production hikes by OPEC+ producers.

Brent crude futures rose 19 cents to $72.88.

US West Texas Intermediate crude future…

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