Wednesday 26 September 2012

STOCKS NEWS MIDEAST-Dubai makes largest drop in 4 mths, euro zone woes weigh - Yahoo! News Maktoob

Dubai's bourse drops the most in a daily move since early June, amid a regional downtrend, as protests in euro
zone countries over austerity measures spark caution across global markets.
The emirate's index falls 1.8 percent to 1,563 points, slumping to a two-week closing low.
Property-related stocks lead the drop. Emaar Properties falls 2.8 percent, Drake & Scull drops 1.3 percent and contractor Arabtec slides 4.7 percent.
Abu Dhabi's measure ends 0.3 percent lower at 2,598 points. Sorouh Real Estate and Dana Gas drop 1.7 and 2.3 percent respectively.

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