MIDEAST STOCKS-Dubai sinks more than 3 pct in early trade | Reuters:
"Dubai's stock index sank more than 3 percent in early trade on Thursday, hit by a global equities sell-off in response to market turmoil in China, as well as concern over a slowdown in Gulf economies.
The index was down 3.2 percent at 2,974 points after 12 minutes of trade. It has technical support at the December low of 2,851 points. Selling was indiscriminate, with blue chip Emaar Properties losing 3.9 percent.
Abu Dhabi's index dropped 1.8 percent, with real estate shares leading declines."
'via Blog this'
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