Monday 27 May 2013

UAE markets in correction mode | GulfNews.com

"UAE markets retreated on Sunday as investors continued their profit taking in what analysts see as overbought conditions.
The Dubai Financial Market (DFM) benchmark index eased for the fourth time in five days as it fell 1.06 per cent to end at 2,281.27. Of the 28 stocks traded on Sunday, 12 declined, 11 advanced and five remained unchanged.
Heavyweight Emaar Properties declined 1.55 per cent to Dh5.72 and Dubai Islamic Bank fell 2.45 per cent to Dh3.18. Other stocks whose share prices also witnessed a fall include du, DP World and Arabtec."

'via Blog this'

No comments:

Post a Comment