Dubai Financial Market rallies for 7th day

The DFM General Index rose one per cent to 4,347 points at the close on Sunday, extending the seven-day advance to more than 10 per cent.

Dubai?s bourse rallied for a seventh day led by Emaar on the back of rising investor confidence as markets across the GCC showed mixed reaction on Sunday to positive US economic data.

The DFM General Index rose one per cent to 4,347 points at the close on Sunday, extending the seven-day advance to more than 10 per cent. Last week the measure broke above technical resistance at 4,242-4,255 points.

via Business – Dubai Financial Market rallies for 7th day.

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