Driven by positive inputs from the Wall Street and Asia, the Dubai Financial Market (up 1.19% at 1,499.81) points finished the week on a stronger note. Stock markets in East and West surged on Wednesday as a stronger Euro boosted commodity shares. Emaar Properties was the most liquid stock and the top gainer, closing 3.21% higher at Dhs3.22. Contractor Drake and Scull gained 1.75% (ending at Dhs0.814) benefited from its announcement that it has been awarded an Dhs460m contract for the complete Mechanical, Electrical and Plumbing (MEP) works for the Information Technology and Communications Centre (ITCC) project in Riyadh, its second major contract in the Kingdom. DSI will be undertaking this project in a joint-venture with KSA's Al Zamil Group. Traded value surged 70% to Dhs126.32m and volumes climbed 36% to 78.48m stocks changing hands. The DFM added over the first week of July 0.88%.
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