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Article: Drake & ScullAEs Leap Pushes Up DFM Stocks.

Article from:
Khaleej Times (Dubai, United Arab Emirates)
Article date:
October 10, 2009
Copyright

Summary: DUBAI u Dubai shares rose on Thursday, taking their cue from global rallies, while more upbeat comments about the countryAEs economic outlook also boosted investor confidence.

Engineering and construction company Drake & Scull International outperformed the Dubai bourse, surging by 5.5 per cent to Dh1.16 -- its Aa best finish since its listing last March. The company said on Wednesday it bagged a Dh400 million contract in Abu Dhabi.

The most heavily-traded stock in Dubai, Emaar Properties climbed by Dh1.6 per cent to Dh4.44. Shuaa Capital, the country's biggest investment bank, edged up by 5.4 per cent to Dh2.16.

The Dubai Financial ...

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