UAE markets are expected to consolidate recent gains before moving higher during this week due to positive indicators after Dubai World’s final deal, analysts say.
The stock markets recorded modest gains last week as strong bulls over powered bears despite the biggest-ever Western military action in the Arab world since the invasion of Iraq in 2003.
The Dubai Financial Market’s General Index rose 5.51 per cent to 1,552.81 points amid gains in banking, real estate and construction sectors.
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