Dubai stock market slumps again

Society Pakistan & World Affairs
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**Dubai’s stock market fell by 6% on Monday on new worries about the size of the emirate’s debt burden.**Meanwhile, Dubai’s finance minister said the government would not sell its assets to help the emirate’s investment vehicle, Dubai World, meet its debts.

Minister Abdulrahman al-Saleh added that the conglomerate might decide itself to sell some foreign assets.

Dubai shares have had a torrid time since Dubai World said ten days ago it would stall on payments to creditors.

Dubai World has some valuable assets, notably its ports business.

But Mr Al-Saleh said it was too early to speak about specific plans for the company’s restructuring.

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Knowing the current situation of the stock market is crucial especially if you have stocks invested in it. It is better to be up to dated to the situations so that you could know the actions to be taken if some changes in the stock market occur as to secure your stocks to lose. Today, the stock market is unstable so we need to be vigilant to the current market conditions. Gold Coins

Younis should tell the management he should be rested." - Rameez Raja