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Mini Libya-rally lifts Dubai market by 0.85%

The fall of the Gaddafi-regime has not triggered a bull rally, but lifted Arab stock markets slightly as the near-end of the crisis in Libya takes some uncertainty from the region. The Dubai Financial Market (DFM) General Index DFM General closed 0.85% higher at 1,464.86 points. Emaar Properties gained one percent, finishing at Dhs2.79. Maintenance specialist Drake and Scull International (DSI) was the most liquid share in relation to volumes and trading turnover. DSI lost 0.34% to finish at Dhs0.867. Trading volumes increased by 50% as 80.6m shares changed hands, valued at Dhs90.7m.