The FTSE NASDAQ Dubai UAE 20 Index closed 2.12 per cent lower at 4,421.35 points. Emirates REIT posted the biggest advance, finishing 1.33 per cent higher at $1.449. DP World plummeted 3.54 per cent to hit $18.78 . Earlier in the day, the third biggest port operator by assets (the Jebel Ali-headquartered firm runs 65 container terminals) reported a 26 per cent year-on-year profit increase. While trade in the Asia Pacific and Indian Subcontinent regions has bounced back, performance in Europe, on the other, has been encouraging, albeit from a low base.
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