Browse
related articles
Dubai bourse extends rally despite negative market breadth
- United Arab Emirates: Sunday, April 28 - 2013 at 13:56
The Dubai Financial Market General Index (DFMGI) rose 1.60% to reach 2,108.63 points Sunday amid a solid turnover. Eleven shares advanced, while 12 dedeclined. Some 395m shares worth Dhs535m changed hands, driving DFM shares higher (up 1.67% at Dhs1.22). Emaar advanced 1.83% to hit Dhs5.55. Earlier in the day, property broker CBRE Richard Ellis said the recent increase in real estate prices in Dubai might be overstatetd as the rush for new units (such as Emaar's Reem development) might indicate an increased share of speculation. Profit takings dragged Shuaa Capital lower by 3.28% to Dhs0.59. Shuaa gained around 11% in value since April 1.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistSunday, April 28 - 2013 at 13:56 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
