• HSBC

DFM buying raises prices

  • United Arab Emirates: Monday, May 01 - 2006 at 07:39

The Dubai Financial Market halted its slide yesterday as investors in search of bargain prices lifted the index to 570.3 points, up 1.4%. The ADSM also stopped its fall with a slight 0.3% lift to 3,885.96. Analysts told the Gulf News that, unless new money enters the DFM, the price increase is unlikely to be sustained.

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