Tuesday, 8 May 2018

BUZZ-Dubai Financial Market down almost 1.7% after Q1 profit slump | ZAWYA MENA Edition

BUZZ-Dubai Financial Market down almost 1.7% after Q1 profit slump | ZAWYA MENA Edition:

** Shares of Dubai Financial Market are down almost 1.7 pct in early trade after its Q1 net profit dropped by more than half. ** DFM, the only listed bourse in the Gulf, reported a quarterly net profit of 48.9 mln dirhams ($13.31 mln) vs 102.3 mln dirhams a year earlier. ** Trading value slumped by 57.2 pct in Q1 from a year earlier to 20.4 bln dirhams."



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