Monday 20 October 2014

UPDATE 2-MIDEAST STOCKS-Markets give up gains as European stocks slip | Reuters

UPDATE 2-MIDEAST STOCKS-Markets give up gains as European stocks slip | Reuters:



"Middle East markets gave up gains made in early trade on Monday after European bourses once again weakened, but strong third-quarter earnings supported some names in Saudi Arabia.



Dubai's index, which was up as much as 2.5 percent early in the session, fell 0.4 percent by mid-day as the pan-European FTSEurofirst 300 index edged down 0.6 percent.



Bourses in Abu Dhabi and Qatar, both of which had opened on a positive note, also changed direction and were down 1.1 and 1.2 percent respectively. Egypt's index fell 0.6 percent."



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