Dubai DFMGI falls 43 points with lower liquidity in April | ZAWYA MENA Edition:
"The Dubai Financial Market’s (DFM) general index lost 42.6 points, or 1.4%, to close at 3,065.96 points in April, amid strong selling trend.
Many companies announced that they will reduce their capital to address accumulated losses, which dragged down the DFM in the fourth month of 2018, capital market analyst Basel Abu Teima told Mubasher.
The UAE’s markets have seen low liquidity, which resulted partially in compromising investors’ confidence in the markets, Abu Teima added."
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