(Bloomberg) — Abu Dhabi stocks have just wrapped up their eighth month of gains, the longest winning streak on record. While high vaccination rates in the United Arab Emirates have helped sentiment, a flurry of mergers aimed at bolstering the economy has been key, according to Joice Mathew of United Securities in Muscat. Relaxed foreign ownership limits and positive earnings results have also kept the ADX General Index on the rise, he said.More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
