Dubai Financial Market hit by war jitters: DFM index drops 9% in a cut-short week
Dubai’s DFM General Index fell 9% last week, closing Friday at 5,917.22 after a two-day trading suspension and heavy selling in major stocks. Regulators imposed a 5% daily price drop limit to curb volatility. Emaar Properties, Emirates NBD, and Air Arabia led declines. Foreign investors were net sellers by 152.6 million dirhams on Friday, with 322.9 million shares traded.
