source Gulf News
Dubai: UAE markets rallied on Thursday with real estate and construction stocks leading the surge. Dubai Financial Market index climbed 2.73 per cent to 1,924.01.
Emaar was the biggest gainer of the day, leaping 5.78 per cent rise to Dh3.30, regaining most of Wednesday’s losses while Union Properties rose 3.60 per cent to Dh1.15.
Arabtec gained 5.47 per cent to Dh2.89, while Dubai Islamic Bank rose 2.35 to Dh2.61.
Abu Dhabi rose 1.6 per cent, its largest gain for a month, closing at 2,867. Real estate led the gains in the market, rising 3.67 per cent. Aldar climbed 4.95 per cent while energy giant Abu Dhabi National Energy Company (Taqa), jumped 6.83 per cent.
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