Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

UAE Bourse Rallies

Date 30/08/2002

After several days of decline the UAE bourse rallied on Wednesday to close up 10.7 points at 2,183.58 with financial services leading the upturn. Mashreqbank and Abu Dhabi Commercial Bank trading volumes were high. However, activity in Emaar Properties sank after excitement over its interim dividend payment wained.