DFM: Emaar impact not so strong

Published July 4th, 2006 - 07:50 GMT
Al Bawaba
Al Bawaba

The approval granted to Emaar to buy back 10 per cent of its shares did not bring the strong impact on the Dubai Financial Market that was expected. According to Gulf News, a 3.64 per cent gain was achieved by Emaar, which closed at Dh11.40, and Amlak rose to Dh6.59. Both shares accounted for almost 80 per cent of the market's turnover on Monday.