Dubai's shares fell yesterday as investors booked profits after a positive week.
"There was light profit taking from retail investors," said Julian Bruce, the director of institutional sales trading based in Dubai at EFG Hermes. "Most of the stocks have had a recent run and investors would like to take profits off the table ahead of the weekend."
In Dubai, Emaar Properties, the developer behind the Burj Khalifa, fell 1.2 per cent to Dh3.26. Arabtec Holding, one of the emirate's biggest contractors, fell 1.3 per cent to Dh2.99.
No comments:
Post a Comment