The Dubai Financial Market has dropped into another summer lull after a strong rally in the first quarter and seems to be heading back to the seven years lows of early January.
This is a seasonal trading pattern and has been the same for the past two summers. But the Dubai economy has been in recovery mode for all that time and this is starting to make local stocks look a bargain.
Still we said that last year and the year before. ArabianMoney editor and publisher Peter Cooper talks to Sandra Mergulhao from MyDubaiMyCity.com.
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