Wednesday 10 October 2012

STOCKS NEWS MIDEAST-Gulf mkts mixed; Oman down - Yahoo! News Maktoob

Most Gulf markets end mixed, but trading volumes across the region are muted due to a combination of local and global factors.
Oman's index sheds 0.3 percent to end at 5,648 points, but local and foreign institutional investors remain on
the sidelines.
"There was minor profit booking in the market today, but there was a lack of contributions from local and foreign
institutions. This trend might continue for one or two days but the fundamentals of the market are positive," says Adel Nasr, at United Securities in Muscat.

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