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Lack of catalysts weigh on Dubai market
- United Arab Emirates: Sunday, September 02 - 2012 at 15:25
The DFM General Index opened higher Sunday but eventually faltered, ending off 0.14% at 1,545.59 points. Islamic insurer Takaful Emarat gained the most (up 11.56% at Dhs0.695). Emaar slipped 0.90% to Dhs3.28. As most firms reported their half-year results and because the U. S. oberves Labor Day on Monday, the sentiment remained sluggish. Around 75m shares worth Dhs70.4m changed hands.
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Gérard Al-Fil, Financial JournalistSunday, September 02 - 2012 at 15:25 UAE local time (GMT+4)
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