Monday 12 July 2010

Glitches mar merged Dubai bourse debut - The National Newspaper


Opening day on the newly merged Dubai bourse was marked by considerable confusion and, as a result, little trading.

Investors struggled to understand the unified trading platform and brokers said they were having difficulty getting trades processed.

“We haven’t had enough information about this,” said Zakariya Assar, who was trading on the floor of the Dubai Financial Market (DFM). “Nothing has been clear, not even from what we read in the newspapers … Plus the large screen that usually shows us what’s going on in world markets is off.”

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