UAE Stock Markets End 2023 on a High Note

The final day of trading for stock exchanges in Dubai and Abu Dhabi saw moderate gains, providing a positive finish to the year.

Both indices closed higher on Friday December 30th to wrap up 12 months of performance for investors.

The Dubai Financial Market (DFM) added 0.3% to reach a final value of 3,306 points, ending the session in positive territory.

Topping the gainers was toll road operator Salik, rising 1.3% as one of the most heavily traded stocks on the day.

Zooming out to the full 2023 timeframe, the DFM posted an impressive return of 21.8% for the year.

This placed it among the best performing stock markets globally over the last twelve months.