UAE markets fall as oil declines back below $50 | The National

UAE markets fall as oil declines back below $50 | The National:



"UAE equities opened down on Monday against a background of falling oil prices and mixed Asian bourses.



The Dubai Financial Market General Index opened the day down 1.5 per cent. Emaar Properties, the index’s heaviest weighted stock, reached a fall of 3 per cent early in the day.



Abu Dhabi’s headline index opened off 0.7 per cent. Shares in NBAD fell 6.7 per cent in early trading, with Aldar and Etisalat also down."



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