Thursday 23 May 2013

MIDEAST STOCKS-Gulf mkts fall as global sell-off spooks investors - Yahoo! News Maktoob

"Most Gulf markets fell on Thursday as a sell-off on international bourses spurred regional investors to cash in gains from an early-year rally.
World markets suffered from the twin setbacks of a surprise drop in Chinese factory activity in May and U.S. Federal Reserve Chairman Ben Bernanke's comments signalling the bank may trim its bond purchases at one of its next policy meetings.
Oil fell below $102 a barrel as the market worried about weak demand going forward."

'via Blog this'

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