Thursday 30 October 2014

MIDEAST STOCKS-Markets slip as profit-taking continues - Yahoo Maktoob News

MIDEAST STOCKS-Markets slip as profit-taking continues - Yahoo Maktoob News:



"Stock markets in the United Arab Emirates and Qatar edged down in early trade on Thursday as investors continued to book profits and global markets fell following the shutdown of the U.S. Federal Reserve's bond buying programme.



Dubai's index fell 0.9 percent with most shares in the red and Abu Dhabi edged down 0.7 percent.



"We are still in a profit-taking mood," said Sebastien Henin, head of asset management at The National Investor in Abu Dhabi. "Markets had been strong in the past 10 sessions.""



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