Dubai stocks surge to highest since 2015, buoyed by property stocks
- Date: 03-Jul-2023
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
Dubai stocks surge to highest since 2015, buoyed by property stocks
Property stocks led Dubai Financial Market index to a year-to-date high on Monday following a four-day holiday last week. Dubai's main share index, DFMGI, rose to 3878.52, the highest the index has notched since 2015, driven by a 10% jump in Union Properties and a 9% gain in Emaar Development, the build-to-sell property development business of Emaar Properties. (Writing by Brinda Darasha; editing by Seban Scaria) [email protected]