Dubai's property-related stocks rise after the emirate's ruler announced plans for a new master project, lifting the share index to a week-high.
Emaar Properties, the largest listed company on the Dubai bourse, rises 4.7 percent, while builder Arabtec
adds 3.5 percent and developer Deyaar climbs 1.5 percent.
Property stocks are among the most liquid and so tend to exaggerate market moves.
No comments:
Post a Comment