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Emaar, DFM shares lift Dubai market
- United Arab Emirates: Thursday, November 01 - 2012 at 15:11
The DFM General Index added 0.22% to reach 1,623.20 points. Emaar Properties gained 1.1.40% to reach Dhs3.66. Shares of the DFM, which is the only publicly traded Arab exchange, bounced back by 2% to hit Dhs1.03. Investment bank Shuaa Capital and Islamic financial institution fell 2.70% and 3.70% amid negative news from Western banks like UBS, which started a new round of lay-offs. Trading turnover remained dull, as 93m shares worth Dhs90.8m changed hands.
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Gérard Al-Fil, Financial JournalistThursday, November 01 - 2012 at 15:11 UAE local time (GMT+4)
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