Monday 7 July 2014

Arabtec recovery pays off for Dubai Financial Market | The National

Arabtec recovery pays off for Dubai Financial Market | The National:



"The Dubai Financial Market rose for the fourth day in a row on yesterday, as investor confidence in the construction company Arabtec continued to revive.



However fund managers warned that the market is likely to remain volatile in the near future, with little in the way of fundamental catalysts to drive the market much higher.



The Dubai Financial Market DFM was yesterday’s best performing bourse worldwide, with a rise of 4.4 per cent, closing up 193.93 points at 4,593.57. The bourse has risen 16.5 per cent so far this month, clawing back some of the territory lost in June."



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