Stocks up on positive US jobs outlook



The Dubai Financial Market (DFM) rose today after the US added more jobs than expected and investors awaited the policy decisions of three central banks.

The DFM General Index rose 0.9 per cent to 1,638.09, while the Abu Dhabi Securities Exchange General Index advanced 0.1 per cent to 2,656.60.

Emaar Properties, which built the world's largest tower in Dubai, led the advance in Dubai after agreeing a deal with Iraq to develop properties there. Iraq needs to meet demand for 670,000 new homes. The stock rose 1.3 per cent to Dh3.71.

Dubai Financial Market, which operates the stock exchange, also advanced, gaining 2.9 per cent to Dh1. Dubai Islamic Bank gained 1.5 per cent to Dh 2.

Asian markets were mixed as better than expected US employment figures boosted Japanese equities, with the Nikkei 225 rising 0.8 per cent to 8,824.59 and the Hang Seng Index flat at 20,872.65.

ADP Employer Services said US companies added 162,000 jobs last month, higher than economists had predicted.

Policymakers at the Bank of England, the European Central Bank and the Bank of Japan will today all meet today to decide on interest rates.

Oil prices rose, with Brent crude futures rising 64 cents to $109.06 per barrel.

Elsewhere in the region, most other rose, with the exception of Qatar's QE index slipped 0.1 per cent to 8493.85; The Saudi Tadawul All-Share Index was closed for the weekend.

Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.

The Rub of Time: Bellow, Nabokov, Hitchens, Travolta, Trump and Other Pieces 1986-2016
Martin Amis,
Jonathan Cape

COMPANY%20PROFILE%20
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The%20specs
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Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

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ESSENTIALS

The flights 
Emirates, Etihad and Swiss fly direct from the UAE to Zurich from Dh2,855 return, including taxes.
 

The chalet
Chalet N is currently open in winter only, between now and April 21. During the ski season, starting on December 11, a week’s rental costs from €210,000 (Dh898,431) per week for the whole property, which has 22 beds in total, across six suites, three double rooms and a children’s suite. The price includes all scheduled meals, a week’s ski pass, Wi-Fi, parking, transfers between Munich, Innsbruck or Zurich airports and one 50-minute massage per person. Private ski lessons cost from €360 (Dh1,541) per day. Halal food is available on request.

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.