Wednesday 15 October 2014

MIDEAST STOCKS-Sell-off may slow as global markets stabilise | Markets | Reuters

MIDEAST STOCKS-Sell-off may slow as global markets stabilise | Markets | Reuters:



"The pull-back in Middle Eastern stock markets may slow on Wednesday after global markets started stabilising, but concern about economic growth in Europe and China lingers while oil prices continue to slide.



Most bourses in the Middle East declined on Tuesday in line with global equities, although the sell-off was less aggressive than in the previous round on Sunday. 




Overnight, Wall Street put in a mixed performance. The S&P 500 and Nasdaq gained modestly to break a three-day string of sharp declines, but the Dow fell for a fourth day."



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