Thursday 10 May 2012

STOCKS NEWS MIDEAST-Dubai, Doha at 3-mth lows; global mkts weigh - Yahoo! News UK

The Dubai and Qatar benchmarks slump to three-month lows and Abu Dhabi also falls as investors cut risk
ahead of the regional weekend, with sentiment shaken by sustained losses on global markets.
Dubai's index ends 0.8 percent lower at 1,515 point, its lowest close since Feb. 12. It has technical support at around 1,500 points.
Builder Arabtec falls 6.7 percent, trimming year-to-date gains to 94.8 percent and accounting for a fifth of all shares traded on the index.

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