Dubai shares rise as traders focus less on Arabtec | GulfNews.com:
"UAE indices extended their rally on Thursday, especially by Dubai index, as traders focused less on Arabtec shares.
Dubai‘s benchmark index closed 1.57 per cent higher at 4,593.27 points, fuelled by real estate and insurance shares. Real estate and energy shares lifted the Abu Dhabi index by 0.47 per cent to 4,803.79 points.
“The Dubai market was much more stable today. Overall volume was better and traders concentrated less on Arabtec shares,” Mohammad Ali Yasin, managing director of NBAD Securities, told Gulf News."
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