UAE Stock market recover after losses

December 6, 2009 by Trend PK
Filed under Business News

DUBAI: The stock markets of Abu Dhabi and Dubai bounced back Sunday after heavy losses last week over Dubai’s debt woes, opening up 3.9 percent and 0.5 percent respectively and then surging even higher.

Dubai’s DFM index, which dropped 12.5 percent in two days of trading last week, was trading up 2.4 percent at 1,873.36 points half an hour after markets reopened following a three day break.

Abu Dhabi Securities Exchange strengthened by 4.4 percent to 2,686.47 points, after shedding 11.6 percent of its capitalisation last week.

UAE Stock market recover after losses was first posted on December 6, 2009 at 7:30 pm.

Tags: 686-47-points, 873-36-points, after-heavy, stock, stock-markets, trading-last, uae

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UAE Stock market recover after losses

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