Dubai stocks drop another 4.4 per cent to lose 22 per cent in June « ArabianMoney

Dubai stocks drop another 4.4 per cent to lose 22 per cent in June « ArabianMoney:



"The Dubai Financial Market rout continued into Ramadan with another 4.4 per cent decline today in the general index, and closing the biggest monthly retreat in almost six years, down 22 per cent to 3,942.



Emaar Properties, the developer with the highest weighting in the index fell by 3.7 per cent. Arabtec, the largest listed contractor, fell 10 per cent, hitting the daily limit."



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