Sunday 7 February 2016

MIDEAST STOCKS-Gulf bourses fall as oil, global markets weigh | Reuters

MIDEAST STOCKS-Gulf bourses fall as oil, global markets weigh | Reuters:

"Bourses in the United Arab Emirates and Qatar fell in early trade on Sunday after oil prices dropped back and global bourses tumbled.

Abu Dhabi's index traded down 0.6 percent, erasing some of Thursday's 2.1 percent gain. Dana Gas, a natural gas explorer, fell 2.2 percent after adding 4.7 percent in the previous session.

The banking sector was a mixed bag with First Gulf Bank retreating 0.9 percent but Abu Dhabi Islamic Bank adding 1.4 percent."



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