Dubai market loses half a percentage point

26 October 2010

In line with weak global trend at equity markets, the DFM General index ended slightly lower on Tuesday at 1,744.63 (off 0.50%). After US shares hit a six-month high, investors preferred to stay on the sidelines. Losses at Emaar Properties (down 1.03% at Dhs3.84) and Aramex (2.30% lower at Dhs2.12) dragged the index down. The DFM suspended trading on Kuwait's Global Investment House shares starting from 1:30PM (UAE Time), as its Board of Directors meeting is being held and trading will resume once results are disclosed.

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