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Dubai bourse rises amid volatile intraday trading
- United Arab Emirates: Thursday, March 21 - 2013 at 13:55
The DFM General Index closed Thursday 0.63 higher at 1,909.92 points. Emaar added 0.37% and finished the week at Dhs5.39. The DFM itself, the sole Arab bourse publicly listed, closed even at Dhs1.13 amid dull trading turnover. Arabtec jumped 1.94% to hit Dhs2.10. On late Wednesday, Arabtec said it appointed Iyad Abdelrahim chief financial officer (CFO) for the firm's contruction business, covering Asia and the Mena region. Abdelrahim joins the firm from Dubai Properties where he was group CFO. Some 144m shares were traded valued at Dhs180m.
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Gérard Al-Fil, Financial JournalistThursday, March 21 - 2013 at 13:55 UAE local time (GMT+4)
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