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.

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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.

(AFP)

Published: Tue 1 Dec 2009, 1:16 PM

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

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