#Dubai index up nearly 1% on Emaar gains

Dubai index up nearly 1% on Emaar gains:

The Dubai index jumped nearly 1 per cent on Wednesday helped by heavyweight Emaar Properties even as traded value recovered.

The Dubai Financial Market General Index closed 0.93 per cent higher at 2,517. Traded value stood at Dh136 million compared to Dh80 million in the previous session.

Emaar Properties, which was the most-actively traded stock, closed 2.23 per cent higher at Dh4.13. Dubai Islamic Bank closed 0.39 per cent higher at Dh5.12. Damac Properties closed more than 4 per cent higher at Dh 1.20.