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Improved real estate prospects lift Emaar, Dubai market

  • United Arab Emirates: Monday, September 03 - 2012 at 14:34

The DFMGI closed 0.13% higher at 1,547.66 points Monday. Ajmanbank, an Islamic financial institutional from the same named emirate, gained the most, ending up 6.25% at Dhs0.85. Emaar edged up by 0.30% to hit Dhs3.29. Nees that Dubai Properties Group will finish a 348-villa and townhouses complex in Dubailand's Mudon development lifted the sentiment for developers. Trading turnover was low as international investors stood on the sidelines due to the Labor Day in the U. S. Only 55m shares worth Dhs63m changed hands.

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