Wednesday 9 May 2012

STOCKS NEWS MIDEAST-Dubai slumps to 3-mth low; Arabtec tumbles - Yahoo! News UK

Dubai's index makes its largest one-day decline in six weeks as downbeat global markets triggers selling, while other Gulf markets also fall.
Dubai's benchmark drops 1.9 percent to finish at 1,527 points, its lowest close in nearly three months and largest
one-day loss since March 29. Emaar Properties and builder Arabtec head declines, falling 2 and 5.1 percent respectively.
Abu Dhabi's benchmark slips 0.2 percent to 2,481 points and Qatar closes 0.7 percent lower at 8,605 points.

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