Dubai stocks hit 8-year high, real estate sales hit $8.3b
- Date: 04-Jul-2023
- Source: Al Bawaba
- Sector:Financial Markets
- Country:UAE
Dubai stocks hit 8-year high, real estate sales hit $8.3b
ALBAWABA – The main United Arab Emirates (UAE) Dubai stock index soared to the highest level since August 2015, marking an eight-year high on gains driven strongly by real estate stocks.
The Dubai Financial Market General Index closed on a 2.3 percent rise on Monday, extending a year to date of growth, according to Arabian Business.