Overview
- Trading on ADX and DFM resumed Wednesday after a precautionary suspension on March 2–3 tied to regional strikes.
- Dubai's benchmark fell about 4.9% in early trade and Abu Dhabi's main index dropped more than 3% as bourses reopened.
- Both exchanges temporarily set a -5% lower limit for securities before the open, with the regulator saying it will continue to monitor conditions and protect investors.
- The halt and volatility followed Iranian missile and drone attacks that Tehran cast as retaliation for US-Israeli operations, with reported damage to Dubai's airport, hotels and AWS data centers, though disrupted services were restored by Tuesday.
- Officials signaled a cautious return to normal operations, with DIFC resuming in-person work, national airlines adding 80 extra flights daily, and assurances of food reserves covering four to six months.