Emerging markets jittery as UAE bourses back in the red | The National

Emerging markets jittery as UAE bourses back in the red | The National:



"UAE bourses fell on Monday as worldwide stock market jitters continued to hit emerging markets.



The Abu Dhabi Securities Exchange fell 1.54 per cent, while the Dubai Financial Market fell 0.95 per cent. Thirty-day volatility on both bourses reached its highest level since Arabtec’s crash in June this year.



Price fluctuations savaged global markets for most of last week after the IMF downgraded its global economic growth forecasts and central banks offered mixed messages on interest rate rises and quantitative easing."



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