United Arab Emirates markets rise with gains across the board as positive global sentiment lifts stocks, and
as property shares recover from losses on Monday in response to the central bank's introduction of caps on mortgage loans.
Dubai's index rises 1.1 percent to 1,641 points and Abu Dhabi's benchmark advances 0.8 percent to 2,652
points. Abu Dhabi is heading for a break of chart resistance around 2,640 points, which was support in October and November, and which the index tested and failed to break last week.
Bellwether Emaar Properties is up 1.3 percent and contractor Arabtec also up 1.3 percent. Dubai Financial Market stock advances 3.0 percent.
STOCKS NEWS MIDEAST-UAE mkts rise, property stocks recover - Yahoo! News Maktoob
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