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UAE Stock Mkts Resume Trading; Dubai DFM General Index Dives ~5%
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The UAE stock markets have resumed trading on Wednesday (4th) after being closed for two days owing to the US-Israel attacks on Iran. The Dubai DFM General Index dived 4.7% in early session, while the Abu Dhabi FTSE ADX General Index tumbled 3.5%. The UAE Securities and Commodities Authority briefly closed the Dubai Financial Market and Abu Dhabi Securities Exchange on March 2 and 3. The Dubai Financial Market stated that a temporary downside limit of 5% is being implemented. AASTOCKS Financial News Website: www.aastocks.com |
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