Dubai index continues strong momentum post oil bounce

Dubai index jumping more than 3 per cent, joining world’s peers

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Dubai: Triggered by a more than 8 per cent jump in oil prices, Dubai index extended its gaining streak for another session.

The Dubai Financial Market General Index was 3.04 per cent higher at 3,760.04, after gaining more than 4 per cent in the previous session.

The Abu Dhabi Securities Exchange General Index was also up more than 1 per cent to be at 4,519.85.

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