Tuesday 23 November 2010

Korean conflict and Euro crisis hits Dubai stocks

Dubai stocks ended lower today as renewed hostilities between North and South Korea and concerns that the euro-crisis will spread beyond Ireland put pressure on stocks.

In a reverse of yesterday's positive gains, the Dubai Financial Market (DFM) fell 1.16 per cent to 1,691.48 points.

Meanwhile, the Abu Dhabi Securities Exchange Index gained 0.07 per cent to 2,755.81 points."

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