Sunday, 30 August 2015

Dubai Financial Market jumps on oil price surge | The National

Dubai Financial Market jumps on oil price surge | The National:



"The Dubai Financial Market rose 3 per cent in early trade on Sunday on the back of a sharp spike in oil prices.



Property stocks led the way, with Emaar Properties up 4.29 per cent in the opening half an hour, while Damac was up 4.46 per cent and the Dubai contractor Arabtec 2.49 per cent.



The Abu Dhabi Securities Exchange General Index was up 1.46 per cent."



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