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Diamond data loses its shock value

Melissa Pistilli
Mar. 26, 2009 10:18AM PST
Market News

Diamond Investing News reports diamond loses its market value reflecting the economy. The latest numbers to be received are the stats on February. Now, after six months the dire numbers have finally lost their “shock value”. The latest data show Belgium, Israel, India and the U.S. all witnessing high double-digit drops in their import and export data. Since …

Diamond Investing News reports diamond loses its market value reflecting the economy.

The latest numbers to be received are the stats on February. Now, after six months the dire numbers have finally lost their “shock value”. The latest data show Belgium, Israel, India and the U.S. all witnessing high double-digit drops in their import and export data. Since the crisis hit, listed diamond companies have lost an average of 80 per cent of their market value.

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