Dubai's bourse slips after two sessions of gains and volumes drop to a two-week low as investors see little
reason to increase their market exposure despite a ceasefire in the Gaza-Israel conflict.
The emirate's index ends 0.2 percent lower at 1,597 points, heading back to Monday's seven-week low. About 55 million shares trade, the lowest total since Nov. 7.
A ceasefire between Israel and Gaza's Hamas rulers took hold on Thursday after eight days of conflict, although deep mistrust on both sides cast doubt on how long the Egyptian-sponsored deal can last.
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