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DFM falls 3.57 pc
The Dubai Financial Market (DFM) General Index fell 3.57 percent on Sunday, closing at...
July 5, 2009 12:56 by Dana El Baltaji
The Dubai Financial Market (DFM) General Index fell 3.57 percent on Sunday, closing at 1,756.16 points. Market indicator Emaar Properties fell 7.14 percent to AED2.60.
Market sentiment tumbled following Emaar’s announcement that it closed its office in Algeria, and news that Dubai’s inflation slowed to 5.4 percent from January 2009 to May 2009, compared with 8.7 percent during the same period in 2008.