Dubai Financial Market falls under 3,000 for first time in two years | The National

Dubai Financial Market falls under 3,000 for first time in two years | The National:

"Dubai’s headline share index fell below the 3,000 mark for the first time in two years, while Abu Dhabi hit a new low for the year, as investors continued to trim their positions amid weakening global equities.

The Dubai Financial Market General Index fell to a low of 2,967.59 at about lunchtime before recovering to finish 0.3 per cent lower at 3,000.95.

The index has ended lower eight out of the past 10 trading days, shedding 6.3 per cent of its value since the start of the month."



'via Blog this'