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UAE stocks down 10%
- United Arab Emirates: Sunday, May 08 - 2005 at 08:13
UAE stocks have fallen by more than 10% in the past four days, a sharp correction. Market analysts are divided between those who see this as a necessary correction to form a base for new highs, and pessimists who think the big surge in UAE stock values is now over and that the market will retrace to levels seen earlier this year.
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Peter J. CooperSunday, May 08 - 2005 at 08:13 UAE local time (GMT+4)
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