Visitors browse financial data at the Dubai Financial Market (DFM) in Dubai (file). Foreign selling of Dubai’s stocks accelerated in the past week as the nation’s benchmark equity index fell and the Dubai dirham was little changed. The 5-day moving average of net foreign outflows accelerated to $4.57mn, compared with the 20-day average outflows of $4.06mn, according to data from the Dubai Financial Market compiled by Bloomberg. The Dubai Financial Market General Index fell 3.1% over the past week and the dirham was little changed against the dollar at 3.673.
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