Stock markets in the Gulf region rebound, with Dubai's stock index recording its largest gain in nearly a decade
Svmuu According to reports, following a two-week ceasefire agreement reached between the United States and Iran, Dubai's benchmark stock index surged by over 10% at one point, marking its largest gain since 2008. The conflict had previously unsettled Gulf markets and threatened energy infrastructure across the region. The Dubai Financial Market General Index rose by 8.5% at one point, the largest intraday gain since December 2014. After weeks of war-related volatility, investors flocked to real estate and banking stocks. Abu Dhabi's stock market also advanced, with the ADX General Index rising by 3.5% at one point, the largest gain since March 2024. (Jin10)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Bitcoin Price Breaks $77,000: Multiple Factors Drive Current Rally
-
2
US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
-
3
Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
-
4
Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
-
5
Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
-
6
Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
-
7
Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
-
8
SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
-
9
Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
-
10
Chainalysis: Ethereum Reorg Causes THORChain Emergency Pause, Accidentally Delays Binance Hacked Funds Laundering
Markets Today
Recommended Reading


