• HSBC

DFM rebounds with strong gains

  • United Arab Emirates: Monday, November 02 - 2009 at 16:05

After four straight days of declines, the Dubai Financial Market bounced back today, gaining 5.24% to close on 2,185. Market heavyweight Emaar gained 7.90% to Dhs4.37, along with Arabtec, which rose 7.28% to Dhs3.24. Other big gainers included Dubai Islamic Bank, up 6.07% to Dhs2.92, and Air Arabia, which gained 5.71% to Dhs1.11. Overall 24 stocks gained, 5 declines, and one remained unchanged.

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