Lehman Brothers effect: Gulf stock markets slump

Politics & Business / Money And Finance

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Lehman Brothers effect: Gulf stock markets slump

Investors in the UAE bourse saw Dh21 billion (US$5.7 billion) wiped out from the value of their shares on Monday as the Abu Dhabi bourse endured its biggest one-day decline in eight months amid panic selling following the collapse of American investment bank Lehman Brothers.
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