Dubai's index ends higher on the final day's trading in November, but Thursday's gains are not enough to prevent the measure from posting its first monthly loss since June as investors cut risk amid regional political tensions.
The benchmark climbs 1.2 percent to finish at 1,608 points, trimming November's losses to 0.7 percent. It is up 18.8 percent year-to-date.
"There wasn't any main catalyst for a downturn, but despite that we saw selling due to international and regional factors affecting local sentiment," says Marwan Shurrab, vice-president and chief trader at Gulfmena Investments.
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