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DFM General Index up 2.3 pc
The Dubai Financial Market (DFM) General Index rose 2.3 percent to close at 1,814.88...
August 18, 2009 4:51 by Dana El Baltaji
The Dubai Financial Market (DFM) General Index rose 2.3 percent to close at 1,814.88 on Tuesday, bringing this week’s loss to 5.7 percent, reports Bloomberg.
“The markets were taking their cues from emerging markets and oil prices,” said Ali Taqi, director of asset management at AT Capital Management in Dubai. “The losses were overdone yesterday so we are now seeing a recovery.”