Dubai's benchmark ends lower for a sixth session in seven as investors await a catalyst to break stocks out of a seven-week sideways trend.
The index slips 0.6 percent to 1,641 points, trimming its 2012 gains to 21.2 percent. It is down 6.5 percent
from March 5's 16-month high.
Dubai's bellwether Emaar Properties gives up earlier gains to end 0.3 percent lower. The developer is expected to announce its first-quarter earnings this week. Analysts polled by Reuters on average forecast Emaar will
make a quarterly net profit of 496.7 million dirhams.
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