Worries over geopolitical tensions reach Dubai trading floor
The Dubai Financial Market General Index (DFMGI) closed insignificantly higher at 4,763.02 points on Monday, April 14. Increased tensions in the East of Ukraine and a new war of words between Kiew and Moscow led to volatile trading in Dubai and most Asian and European exchange on early Monday. At the DFM, 12 shares advanced, while 17 shares declined in value. Emaar Properties bucked the trend and gained 0.50 per cent to reach AED10. 25. Arabtec as the most liquid stock fell by 0.30 percent to AED6.91. Shuaa Capital dived 3.50 percent to AED1.66.