Dubai stocks dive to 27-month low on rising real estate woes

Dubai stocks dive to 27-month low on rising real estate woes:

"Dubai stocks hit a 27-month low yesterday on the back of sharp falls in the real estate market and a drop in liquidity levels. The Dubai Financial Market Index ended the day’s trading down 1.83% on 2,947.99 points breaching the 3,000-point psychological barrier. The Dubai bourse, the most exposed to the global markets in the Gulf region, dropped 3.1% by the close of the trading week."



'via Blog this'