Wednesday 23 May 2012

Dubai resumes slide; Abu Dhabi developers dip - Stocks - ArabianBusiness.com

UAE bourses slip, with Dubai's index halting two days of gains as investors book profits amid fresh jitters on global markets.
Dubai's benchmark is down 0.7 percent at 1,486 points, trimming year-to-date gains to 9.8 percent. It slumped to a 15-week low last week.
Investors sell mid-cap stocks. Mortgage lender Tamweel and National Central Cooling (Tabreed) decline 2.6 and 1.6 percent respectively.

No comments:

Post a Comment