UAE bull run adds $8.1bn

United Arab Emirates: Sunday, December 30 - 2007 at 09:03

A bullish sentiment on the UAE's stock markets last week helped drive up market capitalisation by $8.1bn, reported Gulf News. Market leader Emaar Properties saw its share price spike by 11.4% to Dhs15.2, adding $2.6bn to the firm's market value. Analysts believe the country's markets retain further upward momentum.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Sunday, December 30 - 2007 at 09:03 UAE local time (GMT+4)

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