Dubai: The Dubai Financial Market (DFM) General Index rallied 2.91 per cent, the biggest jump since March 18.
Construction company Arabtec Holding Co. led gainers as its shares jumped by a whopping 9.47 per cent to Dh7.98.
Arabtec is on track to build the Gazprom tower in St. Petersburg, the company said in a statement to the bourse.
DFM closed at 4,984.04 on Monday -- following an intra-day high of 4,989 -- as volume reached 1.09 billion shares valued at Dh2.949 billion. A total of 17 shares went up, while eight stocks retreated, and six remained unchanged.
Other top gainers were property developer Deyaar, which went up 6.06 per cent; Emaar (up 3.92 per cent), Drake and Scull (up 3.43 per cent) and Dubai Investments (up 2.64 per cent).
DFM has been the star performer this year, surging in two weeks on Sunday and breaching the 4,800 mark.
The index has advanced 44% in 2014 to beat 92 indexes from around the world.
On Sunday, DFM index rose 1.7 per cent to 4,843.35 points, the biggest gain since April 8, as the UAE and Qatar bourses drew closer to an upgrade by MSCI to emerging-market status on May 14.
