Emaar Properties lift DFM

Published December 18th, 2005 - 06:39 GMT
Al Bawaba
Al Bawaba

Led by Emaar Properties, turnover at the Dubai Financial Market doubled Saturday as investors started taking positions ahead of the new year before full year results are announced. "The strong trading in Emaar's shares is a good signal to the market because Emaar is the key to DFM. If Emaar trades well, other stocks also get active," a fund manager was quoted as saying by Gulf News.