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Dubai market bounces back three percent

As the expected U. S. military attack on Syria was delayed further by president Obama who said he would as congress for green light, bargain hunters enter the Dubai bourse and sent the market index 3.02% higher to 2,599.35 points on Sunday. Arabtec as the most liquid share gained 6.60% to hit Dhs2.43. Emaar Properties closed 1.74% higher at Dhs5.85. Emaar rival Deyaar surged 12.50% to close at Dhs0.54. Kuwait-based investment firm Almadina was the only security that lost value, ending off 2.38% at Dhs0.614. Some 880m shares were traded, valued at Dhs904m.