AsianetApril 12, 2013 16:34
Equity indices from Kuwait to Oman advanced Thursday as investors increasingly shift from commodities like gold to stocks. While U.S. stock markets climb to new highs, Arab bourses follow. The Dubai Financial Market General gained 1 percent to reach 1, 973.57 points, representing the highest level since Nov. 30, 2012. Investment bank Shuaa Capital surged to a six-week high at 0.59 Dirham (US$ 0.16).At Dubai's international exchange, the FTSE NASDAQ Dubai UAE 20 Index closed half a percentage higher at 2,333.55 points.