Tuesday 8 December 2015

Mideast Stocks Sink as Brent Crude Trades Near Lowest Since 2009 - Bloomberg Business

Mideast Stocks Sink as Brent Crude Trades Near Lowest Since 2009 - Bloomberg Business:

"Middle Eastern stocks were among the world’s biggest decliners after OPEC’s failure to limit output amid a global supply glut pushed the commodity to the lowest level in almost seven years this week.
Qatar’s QE Index slid 3.1 percent, the most among 93 stock indexes tracked by Bloomberg globally after equities in Athens, to 10,096.51. Dubai’s DFM General Index followed with a 3 percent slide. The Bloomberg GCC 200 Index, a gauge of the largest companies in the six-nation Gulf Cooperation Council, had its worst day since August."



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