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Resilient Dubai market defends key support level

The Dubai market closed 0.61% lower at 1,466.56 points Sunday. Weak input from the Saudi bourse, which fell below 7,000 Saturday, weighed on the measure. However, the Dubai gauge, after falling sharply at the opening, defended the support level at 1,455. Union Properties gained the most (up 1.37%). Emaar declined 0.70%. Investment bank Shuaa capital dived 6.54%. Seven shares advanced, 19 declined and one stock closed even. Some 67.1m shares were traded, valued at Dhs76.86m.