Markets in the United Arab Emirates gained on Sunday on positive sentiment towards the country's property sector, as encouraging second-quarter numbers fuel buying, with Dubai's index rising for a fifth straight session
to a fresh 13-week high.
Dubai's index rose 1.6 percent to its highest close since May 3, buoyed by further advances in real estate-linked
shares.
Heavyweight Emaar Properties gained 1.2 percent, hitting a new 15-month high. Other gainers included Arabtec, up 1.7 percent, and Deyaar Development, which registered its largest one-day gain since March 11, jumping 14.8 percent to a 15-week high.
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