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Tag Archives: stocks and shares

Bottom falls out of UAE markets

Last week the Dubai Financial Market General Index (DFMGI) fell by 172.43 or 4.76 per cent to close at 3,449.81, that’s the largest one-week decline since May 2016 and the lowest close in 18 weeks. Most issues fell as there were 34 declining and only eight that advanced, while volume …

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SEC reveals it was hacked, information may have been used for illegal stock trades

The Securities and Exchange Commission, the country’s top Wall Street regulator, announced Wednesday that hackers breached its system for storing documents filed by publicly traded companies last year, potentially accessing data that allowed the intruders to make an illegal profit.The agency detected the breach last year, but didn’t learn until last …

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