GulfBase Live Support
01/02/2011 00:00 AST
Markets have rebounded this morning after yesterday's Egypt-inspired woes, with speculation that the sharp fall on the UAE's bourses was overdone.
The Abu Dhabi Securities Market General Index rose 0.72 per cent to 2594.18 in early trading, while the Dubai Financial Market rose 0.84 per cent to 1547.89.
Hassan al Salah, head of institutional sales at AlRamz Securities, said that the markets were experiencing a bounce after "panic" selling yesterday:
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The National
ADX 4,608.97
23.76 (0.52
DFM 3,091.15
-2,870.62 (-48.15
Ticker | Price | Change |
---|---|---|
EMIRATESNBD | 10.65 | 0.05 (0.47 |
EIB | 9.50 | 0.00 (0.00 |
EMAAR | 5.61 | -0.03 (-0.54 |
EMAARMALLS | 2.16 | 0.00 (0.00 |
DIB | 5.30 | 0.00 (0.00 |
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