Dubai's index edges higher after two sessions of declines, supported by property and construction stocks.
Heavyweight Emaar Properties and builder Arabtec each rise 1 percent.
Dubai's index advances 0.5 percent to 1,897 points. The market hit an intraday high of 1,917 points on Monday, just shy of the psychologically key 2,000-point level.
The market, supported by strong fundamentals, is benefiting from bullish technical indicators. Analysts say that after breaking recent resistance levels, the index can target 2,200 points in the short to medium term.
Read more: http://www.arabianbusiness.com/real-estate-stocks-give-dubai-lift-abu-dhabi-up-489358.html
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