UAE Stocks shed nearly 6 per cent at opening

The United Arab Emirates stock markets of Dubai and Abu Dhabi plunged on Tuesday by 6.25 percent and 5.91 percent respectively at the opening.

By (AFP)

Published: Tue 1 Dec 2009, 1:16 PM

Last updated: Thu 2 Apr 2015, 3:46 AM

The DFM index in Dubai dropped 121.33 points to 1,819.33, while the Abu Dhabi Securities Exchange index fell 157.68 points to 2,510.55.

Since the two markets reopened on Monday following a four-day holiday, Dubai’s market has shed about 13 percent of its value while Abu Dhabi has lost around 14 percent.

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