Dubai's shares rose on Wednesday, tracking global market, after reports that France and Germany had agreed a plan to boost the euro zone rescue fund to 2 trillion euros.
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Emaar Properties, the region's largest developer, was up 2 per cent to 80 fils a share. Dubai Financial Market Company, the only bourse in the region to ever sell its shares to the public, added 2 per cent to Dh2.51 a share. Dubai's benchmark, the Dubai Financial Market General Index added 0.5 per cent to 1365.50 points.
In the capital, Aldar Properties gained 2 per cent to Dh1.00 a share. Sorouh Real Estate added 3.3 per cent to 92 fils. Methaq Takaful Insurance gained 3.9 per cent to Dh1.31.
The Abu Dhabi Securities Exchange General Index was little changed at 2448.08 points.
Elsewhere in the region, Kuwait's measure lost 0.1 per cent to 5886.70 points. Bahrain's measure was little changed at 1147.89 points. Oman's benchmark lost 0.1 per cent to 5533.78 points. Qatar's index added 0.1 per cent to 8416.04 points. The Saudi Tadawul All-Share Index was up 0.3 per cent to 6150.64 points.
halsayegh@thenational.ae
