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Resilient Dubai market turns red day into green day

The DFM General Index closed 0.81 per cent higher at 3,302.30 points amid record-high trading volumes on Wednesday, December 25. Some 1.652 billion shares worth Dhs1.622 billion changed hands. SHUAA Capital jumped by 4.09 per cent to hit Dhs0.966. Earlier in the month on December 18, Moody’s affirmed the investment bank’s B1 rating and upgraded the outlook from negative to stable. Market bellwether Emaar Properties could not join the market rise and closed 0.66 per cent lower at Dhs7.52.