In Just 15 Days, Dubai'S Stock Market Went Back From Bull Market To Bull Market.
< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes, "hat net" Xiaobian to introduce the shocking counterattack: Dubai stock market bears only 15 days.
< /p >
< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201407/23/20140723103720_sj.JPG "/" < > > "
< p > from bull market to bear market, Dubai stock market took only 48 days.
This time, Dubai's stock market returns from bull market to bull market faster, as long as 15 days.
Whether it is a big drop or a big rise, the reason is the real estate market.
< /p >
< p > > a href= "http://www.91se91.com/news/index_p.asp" > Dubai < /a > the stock market began to plunge sharply since the beginning of May. As of June 24th, the Dubai DFM composite index dropped to 4009 points, a drop of nearly 25% compared with the 5400 points at the beginning of May, and fell into the technical "bear market", which only took 48 days.
At that time, the rapid decline of the Dubai stock market attracted great attention from all walks of life. The trigger for opening the bear market was that real estate stocks including Arabtec continued to plummet.
Market data showed that Arabtec's share price fell more than 60% in June.
< /p >
< p > the UAE central bank issued a report that the average rental return of Dubai and Abu Dhabi has been below the historical average level as the price of real estate continues to rise. This shows the overheating of real estate in the country.
According to Meed, a well-known local real estate magazine, there are 744 planning and construction projects in Dubai, with a total value of US $123 billion.
According to Knight Frank, a British real estate consultancy, Dubai's housing price rose by 27.7% in the first quarter of this year, the highest in the world's major markets, and the average rental price rose by 30%, almost at its all-time high.
< /p >
"P > despite the bad news, investors are once again ignited with enthusiasm for investment, which is related to a science fiction development plan that Dubai has released before: the country intends to build the world's first mini city with air conditioning and temperature control, including a" World Shopping Mall "development project. It plans to build the world's largest shopping, hotel and entertainment center, adding a lot to Dubai's" world's most "title. The local government also hopes to pull the local real estate market with this huge plan.
It is reported that the substantive work of this project has begun, but the government has not explained how much or how it will be raised when the project will be completed.
< /p >
< p > however, analysts say that the UAE's real economic development is in good shape, which provides the most fundamental guarantee for the financial market. The real estate problem in Dubai is not as serious as imagined.
< /p >
< p > or because of the real estate market, investors rushed to Dubai financial market in the past three weeks, and pushed the Dubai DFM composite index back to the bull market.
Data show that the Dubai DFM composite index dropped to 3730 in July 1st and ended at around 4000, which has now risen to 4858.
Since July, Dubai's DFM composite index has risen 20%, and has returned from bull market to bull market. Arabtec's share price has rebounded to 70% since July.
< /p >
< p > for a long time, Dubai's < a href= "http://www.91se91.com/news/index_s.asp" > stock market < /a > are all very volatile.
Although it has been in a bear market after the crash in 2008, it has been rising since 2013, the biggest increase in the world.
This year, the stock market has fallen from bull market to bear market, and from bear market to bull market. The cumulative increase is still 42%, which is the highest in global stock market.
Nabil Rantisi, managing director of Mena Corp Financial Services, the second largest broker in the UAE's trading volume, said Dubai stock market was undervalued, but investors' enthusiasm for catching up is rekindling.
Under such circumstances, the volatility of the stock market is likely to be activated again.
< /p >
- Related reading
Upstream Raw Materials Rebounded But Short And Short Turnover Is Still Weak.
|- | Two Billion Eight Million Three Hundred And Ten Thousand One Hundred And Thirty-Four
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Fifty-Eight
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Fifty-One
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Forty-Five
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Thirty-Seven
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Thirty-One
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Twenty-Four
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Seventeen
- | Twenty Billion Eighty-Three Million One Hundred And One Thousand Two Hundred And Ten
- | Two Billion Eight Million Three Hundred And Ten Thousand One Hundred And Twenty-Four
- Lanzhou: Wearing Fashionable Three Women Gang To Steal High-End Clothes
- A Senior Delegation From The US Cotton Industry Came To China To Explore The New Trend Of Supply And Demand In Cotton Market.
- Men'S Wear Designer Ye Weicheng: Convey An Upward Attitude Towards Life
- Red Beans Offer Red Bean Down Underwear
- Daisy, Don'T Go! 2014 The Trend Of Autumn And Winter In 20S
- Independent Designer Liu Haitao: Low Profile And Advocating Freedom
- Thangka (National Heritage)
- Brocade (World Heritage)
- Canada Develops New Camouflage Cloth Or Allows Soldiers To Become Invisible.
- Connaught Technology Research And Development Of "Sandwich" Fabric To The Market