Abu Dhabi stocks rallied for an eighth consecutive day in what is its longest stretch of gains in a year, while other GCC markets took their cues from global trends following the strong US economic data.
Bulls went into a frenzy across markets after a survey showed the US service sector activity soared to a record high on the back of robust new orders. The fast-paced growth comes on the heels of last Friday's forecast-beating employment data - the clearest signals yet that the US economy is roaring back thanks to massive fiscal stimulus and speedy vaccinations.
No looking back