UAE bourses end July on high note
The UAE bourses ended the month on a high note as the Dubai Financial Market (DFM) index rose 1.98% on Thursday to reach 4,833.24, bringing the total gains on DFM in July to 21.2 %.
Lack of activity drags UAE indices down
UAE bourses ended lower on Thursday due to lack of activity as traders are preparing for a long weekend due to Eid Al Fitr holidays.
Key Dubai banks beat profit estimates
Leading Dubai based banks exceeded analyst’s expectations to report strong 2014 first half results on Thursday.