The losses across the UAE markets reflect investor concern over new tariffs imposed by US President Donald Trump
Japan’s Nikkei sank 6.6 per cent to hit lows last seen in late 2023, while South Korea dropped 5 per cent
The Nasdaq confirmed it was in a bear market, ending more than 20 per cent below its record high close
Rising geopolitical tensions in the region are having a dampener on the Gulf markets
Amongst the most held stocks, Q2 saw a significant shift in the rankings, with NVIDIA rising to become the second-most popular stock on the eToro platform, behind only Tesla
After a strong performance last year, the GCC region is set to see more activity in its capital markets in the medium term
Bullion dropped 0.9 per cent as US non-farm payrolls jumped by more than double what economists had forecast
The report also pointed out that the market value of the Dubai Financial Market increased by some $24.45bn
The banking and financial sectors are expected to be among the biggest beneficiaries of the newly structured weekends
The requirement came into force after the Securities and Commodities Authority’s meeting on Sunday