Dubai: Dubai index jumped more than one per cent on Thursday, closely following its global peers after oil prices stabilised.

The Dubai Financial Market (DFM) General Index jumped more than four per cent to be at 3,655. Amlak Finance jumped more than ten per cent, while Arabtec rose more than six per cent.

The Abu Dhabi Securities Exchange General index also was 1.59 per cent higher at 4,398.76.