Thursday 22 October 2015

MIDEAST STOCKS-Gulf markets edge down amid oil worries | Reuters

MIDEAST STOCKS-Gulf markets edge down amid oil worries | Reuters:

"Gulf stocks edged down early on Thursday as worries about the impact of low oil prices on the region continued to deter fresh buying, even in wealthy countries relatively well insulated from cheap oil such as the United Arab Emirates and Qatar.

Dubai's stock index fell 0.5 percent as Emaar Properties slipped 1.1 percent and construction firm Drake & Scull fell by a similar margin.

Abu Dhabi edged down 0.2 percent as National Bank of Abu Dhabi dropped 0.4 percent."



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