Tuesday 29 May 2012

STOCKS NEWS MIDEAST-UAE mkts slip; Qatar retreats from 2-wk high - Yahoo! News Maktoob

Dubai's bourse ends lower for a third session in five and Abu Dhabi's index closes at a four-month trough as investors cut risk.
Dubai's heavyweights drag the market with Emirates NBD and Emaar Properties closing 1.1 and 1 percent lower respectively.
Investors are risk-averse in the current uncertainty on euro zone debt crisis with worries on the cost of shoring up Spain's banking system and the impact this could have on the finances of the euro zone's fourth biggest economy.

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