Wednesday 2 July 2014

Defterios: In Dubai, 'casino-like culture' has set in - CNN.com

Defterios: In Dubai, 'casino-like culture' has set in - CNN.com:



"From a stock market perspective, the month of June was one of the nastiest on record for the Dubai Financial Market.



It lost 22% from beginning to end, putting this small exchange with high volatility into bear market territory.



This is a bad start for its first official month of trading as an emerging market after a reclassification by MSCI."



'via Blog this'

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