Reducing the maximum daily decline of shares to 5%

The SCA launches a series of decisions to support the financial markets in the country, and to facilitate its transactions; including: reducing the maximum daily decline in the shares from 10% to 5%, and developing a mechanism to repurchase listed companies of their shares in order to faciliate the controls and procedures regulating the repurchase.

It has confirmed that short selling are not activated at the UAE financial markets.