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Tuesday, Dec 15, 2009 1012 GMT [ Dow Jones]--UAE stocks give up hefty intraday gains and finish in the red with Dubai's main index ending -1.5% (more)
Tuesday, Dec 15, 2009 1012 GMT [ Dow Jones]--UAE stocks give up hefty intraday gains and finish in the red with Dubai's main index ending -1.5% at 1843.27. In Abu Dhabi, the main market closes -0.9% to 2794.57. Trader says concern about Dubai's debt profile remains elevated, despite Monday's $10b rescue act by Abu Dhabi. "Despite yesterday's improvements, markets are still pricing in a lot of risk associated with Dubai related debt," he adds. (TRF) Copyright (c) 2009 Dow Jones & Co. (END) Dow Jones Newswires 15-12-09 1012GMT
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