Property Stocks Begin Recovery

 

Following the financial turmoil experienced around the world last week, property shares started showing early signs of recovery today as some of Dubai's largest developers saw marginal increases on their share price.

 

The recovery in the value of the property stocks mirrors that of other major sectors, and follows on from market invention by the US Federal Reserve and the European Central Bank on Friday. Sunday saw strong rises for Emaar, Sorouh and Union Properties.