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H.E. Sultan Al Mansoori issues a decision to amend stock price limit down

Tuesday, 17 March 2020

 H.E. Eng. Sultan bin Saeed Al Mansoori, Minister of Economy and Chairman of the Securities and Commodities Authority (SCA), issued a decision amending the limit down on stock prices. Under the decision, stocks will have a limit down cap of 5% as of Wednesday, March, 18, until further notice.The markets may increase the limit to 7% for a number of stocks selected based on criteria determined by the markets and approved by SCA.  

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