The UAE Cabinet approved the reinstatement of 10% for the daily maximum decrease in the value of the share in the financial markets.
According to Arabnet, the Cabinet's decision did not specify the date for re-action in the maximum percentage of the daily decline, which the Securities and Commodities Authority had issued a decision on to amend the amount of the share price movement Decrease in March 2020.
and due to the repercussions of the Corona pandemic on global and local markets, last March, the decision was taken to adjust the amount of movement in the share price by 5%, from the previous closing price as a maximum, down On a single trading day, as the decision was applied from the March 18, 2020 trading session.
