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Now The Dubai Stock Market Is Exploding Higher

Now The Dubai Stock Market Is Exploding Higher

It's been an interesting couple of days in Dubai.

Yesterday the stock market crashed, falling over 6%, after being down by over 8% during the day. The country is witness to an insanely hot real estate boom, but a major construction company has reportedly been running into trouble, which is something that's shaken the entire market.

Anyway, today at least there's snapback.

The market is currently surging 5%. Here's the chart, from Bloomberg:

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