Middle Eastern Stock Market Latest News for April 26, 2020 - Bloomberg:
Equities across the Middle East climbed as authorities started to loosen curbs to contain the coronavirus.
In Dubai, the metro, public buses and taxi services were restored on Sunday as the emirate joined other cities around the world in relaxing strict lockdowns. Malls and restaurants are allowed to open for 10 hours daily, but visitor numbers can’t exceed 30% of capacity.
Shares of Emaar Malls PJSC rose 4.2% and those of its biggest shareholder, Emaar Properties PJSC, climbed 6.1%. Dubai’s DFM General Index and Abu Dhabi’s ADX General Index advanced 3.5% and 2.9%, respectively.
No comments:
Post a Comment