Dubai Stocks Gain Most in Middle East as ECB Spurs Risk Appetite - Bloomberg Business

Dubai Stocks Gain Most in Middle East as ECB Spurs Risk Appetite - Bloomberg Business:

"Dubai stocks advanced the most among Middle Eastern equities as the European Central Bank’s monetary stimulus boosted demand for emerging-market assets, adding fuel to bullish sentiment in the emirate.
The DFM General Index climbed 1.4 percent to 3,401.03 at the close, extending four weeks of gains, the longest streak since April. Emirates NBD PJSC, the emirate’s biggest lender, rose 4.6 percent to a three-month high. Saudi Arabia’s Tadawul All Share Index added 0.2 percent."



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