Sunday 22 May 2016

Abu Dhabi Stocks in Worst Run Since October as Gulf Markets Drop - Bloomberg

Abu Dhabi Stocks in Worst Run Since October as Gulf Markets Drop - Bloomberg:

"Abu Dhabi stocks headed for the longest losing streak since October as most Gulf Arab equity markets declined.
The ADX General Index fell 0.4 percent to 4,220.24 at 11:13 a.m. local time, extending its drop for a sixth day. Emirates Telecommunications Group Co., the largest telecom company in the Middle East also known as Etisalat, led the retreat with a 1.1 percent drop. Qatar’s QE Index eased 0.1 percent and Kuwait’s SE Price Index lost 0.3 percent.
Dubai’s DFM General Index decreased 0.1 percent. Oman’s MSM 30 Index was little changed. Saudi Arabia’s Tadawul All Share Index slipped 0.2 percent."



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