Analysis: UAE bourses charging upwards | The National:
"Market sentiment remains quite bullish as economic growth continues to accelerate and the UAE cements its position at the top of the global equity market leader board.
UAE bourses were strong last month. Abu Dhabi’s index gained 1.8 per cent and Dubai’s benchmark measure rose 11.9 per cent. And as the UAE becomes a part of the MSCI Emerging Market index on June 2, this is likely to drive performance in the short term.
There were two new IPOs – Emirates Reit and Marka – both of which were heavily oversubscribed, indicating strong investor appetite for new issues."
'via Blog this'
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