Markets in the region closed higher yesterday, led by the Dubai Financial Market (DFM), which jumped nearly 3 per cent after profit-taking the day before turned to buying.
The DFM General Index closed up 2.66 per cent at 1,698.22. The index is up 25 per cent on the year to date.
Few companies were unaffected by the rise, which analysts said was linked more to investor exuberance than to changes iin the financial positions of the firms.
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