Dubai Benchmark Index Gains 21% From Low in January; Entering Bull Market

Dubai stocks rose to their highest level from a low in January, entering a so-called bull market.

The Dubai Financial Market General Index rose 0.4 percent to 1578.41 at 10:19 a.m. in Dubai. The gauge is up 21 percent from its low on Jan. 16.

A 20 percent rally or more from lows is generally defined as a bull-market rally.

To contact the reporter on this story: Shaji Mathew in Dubai at

To contact the editor responsible for this story: Daliah Merzaban at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.