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Late rally in Dubai Financial Market
A delayed rally in Dubai boosted the Dubai Financial Market (DFM) General Index…
December 6, 2009 4:43 by kippreport
A delayed rally in Dubai boosted the Dubai Financial Market (DFM) General Index by 1.2 percent to 1,853 points. Market indicator Emaar Properties gained 3.6 percent, while Emirates NBD fell 4.8 percent on slim volumes.
Dubai’s benchmark fell 12.5 percent after Dubai World and Nakheel asked investors for a debt standstill.