Buzz: Dubai's DP World regains some strength after plunge on trade war fears | ZAWYA MENA Edition:
"Shares in Dubai-listed global ports operator DP World rise 0.4 percent to $23.00 in early trade Stock has rebounded 7.0 percent in past two trading days after sinking as much as 22.4 percent from its January peak, partly because of concern about threat of U.S.-China trade war "We believe the company’s direct exposure to trade between these two countries is not significant although there could be some impact. Still, we believe that the stock price reaction is disproportionate to the real fundamental damage," says Al Mal Capital, which owns shares in company"
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