Dubai: The Dubai Financial Market (DFM) rose 3.95 per cent in late trade on Wednesday, its biggest daily gain since April 8. On Thursday it continued in the green, up 0.17 per cent and trading at 6,051.23.The gains have pushed DFM's market capitalization back above Dh1 trillion, compared with Dh967.22 billion a day earlier. The Abu Dhabi exchange is also trading in the positive, reaching a high of 9572.69 on Wednesday.Telecoms led the sectors with a 7.81 per cent gain. Real estate climbed 4.2 per cent and banks rose 3.99 per cent. Emaar Properties gained 4.4 per cent and Emaar Development 4.89 per cent after Emaar announced a voluntary cash tender offer for up to 100 per cent of its subsidiary.
