Monday 27 August 2012

STOCKS NEWS MIDEAST-Dubai extends decline; Kuwait's Zain ticks up - Yahoo! News Maktoob

Dubai's bourse extends its declines, down for a second session from Thursday's 16-week high as investors book profits on overbought stocks, while Kuwait's measure ticks up.
Dubai's index slips 0.5 percent to 1,566 points, trimming year-to-date gains to 15.7 percent.
Drake and Scull sheds 1.1 percent to 0.9 dirhams a share. SICO Investment Bank cut the construction and engineering firm's price target to 0.98 dirhams from 1.15 dirhams with a 'neutral' rating.

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