Sunday 27 January 2013

MIDEAST STOCKS-Bluechips lift Dubai to 33-mth high; Gulf mkts mixed | Reuters

Dubai's heavyweight banking and property stocks lifted the emirate's index to a fresh 33-month high above a long-term resistance level on Sunday, while other regional markets were mixed.

Dubai's index rose 1.5 percent to 1,819 points, its highest finish since April 2010. Emaar Properties climbed 3.6 percent and top lender Emirates NBD rose 1.5 percent.

Dubai Financial Market, the Gulf's only listed bourse, added 2.4 percent, accounting for nearly a quarter of all shares traded on the index.
MIDEAST STOCKS-Bluechips lift Dubai to 33-mth high; Gulf mkts mixed | Reuters

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