Dubai Financial Market reported a 93 per cent drop in fourth-quarter net profit on Monday as trading volumes slumped to a six-year low in 2010.
DFM, the Arab world's only listed bourse, had quarterly profit of Dh5.9 million ($1.61 million), according to Reuters calculations. This compares to a profit of Dh88.6 million in the year-earlier period.
Two analysts polled by Reuters forecast DFM would make a fourth-quarter profit of between Dh3 million and Dh23 million.
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