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DFM:ENBD 28 February 2026 - 7 March 2026

Dubai Financial Market hit by war jitters: DFM index drops 9% in a cut-short week

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.

Stock Market Today

  • US Stock Market Drops Sharply Amid Middle East Tensions and Energy Concerns
    March 20, 2026, 12:17 PM EDT. The US stock market fell sharply as geopolitical tensions in the Middle East intensified. The Dow Jones Industrial Average dropped 234 points to 45,787.01, the S&P 500 slid 0.85% to 6,550.12, and the Nasdaq plunged 1.26% to 21,812.80. Investors moved into risk-off mode amid US-Iran conflict escalations and increased US military deployments, driving widespread selling. Energy infrastructure attacks raised supply disruption fears, further pressuring markets. The Nasdaq's larger decline reflects tech stocks' sensitivity to uncertainty. The sell-off points to a shift in investor sentiment amid rising global uncertainty, energy market volatility, and surging bond yields. Market participants now question whether this dip signals a deeper correction or a temporary pullback.
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