Singapore, Singapore, March 02, 2012 --(PR.com
)-- The Dubai Financial Market’s General Index rose 1.87 per cent to cross the mental barrier of 1,700 points. The benchmark index closed the day at 1,730.4 points, its highest level since November 12, 2010. The index rallied 27 per cent this calendar year, and recorded a 22.3 per cent rise in February, the biggest single month gain since fourth quarter 2007.
The Abu Dhabi Stock Exchange also benefitted from the bullish run with its general index rising for a ninth consecutive day. The benchmark index advanced 0.72 per cent to 2,611 points, a nearly six-month high.
Bahrain rose 0.68 per cent at 1149 points and Oman’s key index ended 0.6 per cent higher at 5,838.43 points, its highest close in eight months. Saudi Arabia’s Tadawul All Share Index rose 0.79 per cent to 7,225 points while Qatar’s primary index gained 0.61 per cent to 8,747 points.
Denko Group is a private equity firm dedicated to providing superior returns on capital. They seek high net return opportunities in all sectors, from high-growth technology and life science companies to recommending competitors funds, while achieving superior returns for investors. They bring together the financial and intellectual capital necessary to create a sharp edge that is focused solely on investor’s confident assurances of outstanding performance. For more information on the Denko Group please visit their website at denkogroup.com.
You should not do, or refrain from doing, anything based on the information provided in this release without first obtaining professional advice from your financial advisor. Denko Group believes the information in this release is correct, and it has reasonable grounds for any opinion or recommendation found within, as at the date the relevant part of this release was last updated. However, Denko Group and its directors, employees and agents are not liable for any loss or damage incurred by any person as a result of any error in any information, opinion or recommendation in this release. Nothing in this release is, or should be taken as, an offer, invitation or recommendation to buy or sell any investment in or make any deposit with Denko Group or any other person.