Dubai Stocks Lead Gulf Markets Higher on Iran Nuclear Deal
Dubai stocks headed for their best close in more than three weeks and led markets in the Gulf Cooperation Council higher after Iran reached a framework deal with world powers. The DFM General Index climbed 1.5 percent to 3,668.92 at 12:20 p.m. local time in Dubai, headed for its highest close since March 12. Abu Dhabi’s ADX General Index advanced 0.2 percent and Qatar’s QE Index gained 0.3 percent. The Tehran Stock Exchange’ main index rose 3.5 percent. Iran and six countries, including the U.S., agreed on a framework accord on April 2 over ...
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