MIDEAST STOCKS-Abu Dhabi crosses 4,000 mark; Dubai surges on real estate | Reuters:
"Abu Dhabi's bourse crossed the 4,000 mark for the first time in five years on Monday, playing catch-up to gains on neighbouring Dubai's market, which extended a rally driven by the recovery in the real estate sector.
Abu Dhabi's index climbed 0.3 percent to 4,001 points, it's highest close since September 2008.
The market is up 52.1 percent year-to-date, while Dubai's index has rallied 91.1 percent in 2013.
Shares that were previously lagging the benchmark performance led gains on Monday. National Bank of Abu Dhabi and Abu Dhabi National Energy (TAQA) advanced 1.6 and 3.8 percent respectively."
'via Blog this'
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