Bourse operator Dubai Financial Market said its net loss more than tripled in the third quarter as the Arab spring and an uncertain global economic outlook curtailed trading activity and weighed on revenues.

The company recorded a net loss of 9.28 million UAE dirhams ($2.5m) in the three month period to September 30, compared with a net loss of 2.95 million dirhams in the year-earlier period, DFM said in an emailed statement Wednesday. The value of trading on its exchange slumped 42% in the same period to 5.2 billion dirhams, from 9.03 billion dirhams in the third quarter of 2010, it added.