The Gulf region stock markets rebound, with Dubai's stock index posting its biggest gain in nearly a decade.

SmartContractAuditor · 2026-04-08T07:31:12+00:00

After the United States and Iran reached a two-week ceasefire agreement, Dubai's benchmark stock index surged over 10%, marking the largest gain since 2008, as investors flooded into real estate and banking stocks. The Abu Dhabi stock market also rose, demonstrating a rebound in market confidence.

SmartContractAuditor

2026-04-08 07:31:12

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Odaily Planet Daily News: After the two-week ceasefire agreement between the United States and Iran, Dubai’s benchmark stock index surged by more than 10% at one point, marking the largest increase since 2008. The conflict had previously shaken Gulf markets and threatened the region’s energy infrastructure as a whole. The Dubai Financial Market General Index rose as much as 8.5%, the largest intraday gain since December 2014. After several weeks of war-related volatility, investors poured into real estate and banking stocks. Abu Dhabi’s stock market also climbed; the ADX General Index rose as much as 3.5%, the largest increase since March 2024. (Jin 10)

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