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Dubai, Turkey stocks surge on Iran nuclear deal

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Published Fri, Jul 17, 2015 · 09:50 PM

London

EMERGING-MARKET stocks from Dubai to Turkey best-positioned to profit from an end to sanctions on Iran surged after Teheran concluded a nuclear deal with world powers.

Dubai's DP World Ltd, which operates the Persian Gulf's biggest port, rose the most since May, taking a four-day gain to 6.7 per cent. Property companies and banks in the emirate also jumped.

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