Updated on
Summary
The main stock exchanges in the United Arab Emirates fell in early trading on Monday, with Dubai slumping by more than four percent and Abu Dhabi dropping by 0.79 percent. The Dubai Financial Market fell to 1,776.76 points, a 4.12-percent fall. The Abu Dhabi Securities Exchange dropped slightly to 2,652.04 in early trading, after having closed up a hefty 3.89 percent on Sunday at 2,673.12 points. The Kuwaiti stock market was also down on Monday, dropping 0.19 percent, to 6,719.6 points. Both the Dubai and Abu Dhabi markets suffered heavy losses last week over Dubai's debt woes. On the other hand, Japans Nikkei Index added 145 points while Hong Kongs Hang Sang Index dropped 173 points.
