Dubai Financial Market falls another 6 per cent as Gulf stock woes continue | The National

Dubai Financial Market falls another 6 per cent as Gulf stock woes continue | The National:



"Share prices in energy-rich Arabian Gulf states fell sharply today, dragged down after oil prices plunged to new lows.



The benchmark index on the Dubai Financial Market lost 6.4 per cent to 3,370.51 points this morning, below last year’s close for the first time in 2014.



The DFM Index was mainly pulled down by market leader Emaar Properties, which shed 8.0 per cent in morning trading, followed by construction giant Arabtec, which lost 7.2 per cent."



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