Dubai Joins Global Market Route After Greece Voters Say NO

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The Dubai Financial Market General Index dropped 1.2 per cent and stock screens across markets in Asia were soaked in red.

Dubai shares fell, joining a global equity sell-off as investors speculated that Greece may leave the euro zone after an austerity bailout deal between the country and its creditors was overwhelmingly rejected in a countrywide referendum. The Dubai Financial Market General Index dropped 1.2 percent and stock screens across markets in Asia were soaked in red. The Abu Dhabi Securities Exchange General Index fell 0.1 percent.