Dubai's main bourse delays market open due to technical fault

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Dubai Financial Market, the emirate's main bourse, was forced to delay the start of trading on Sunday due to a technical fault, it said in a statement.

Last month, the Qatar Exchange (QE) was also forced to cease trading due to a technical fault.

"The incident occurred during the trading session and consequentially required the stock exchange to cease trading until the incident could be resolved,” a QE spokesperson said.

“Trading then resumed until noon when the QE teams discovered that the technical issue had not been resolved, requiring a further halt to trading. After consultation with QFMA, it was agreed to cancel all transactions that took place today and any orders that had not been executed.”

Related:
Topics

Market Performance

Dubai Financial Market
2.72
0.0 0.0 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Saudi bank's $6bn IPO ignites religious controversy

Saudi bank's $6bn IPO ignites religious controversy

Plans by National Commercial Bank have prompted some clerics...

Petroleum producers shift attention from Middle East: Kemp

Petroleum producers shift attention from Middle East: Kemp

Following four decades of war, sanctions, nationalisation and...

1
Saudi Arabia accelerates reform push with market opening

Saudi Arabia accelerates reform push with market opening

Stock market move follows labour market reforms and a new mortgage...

Most Discussed