GCC stock markets had a turbulent performance during the month of May 2011, and ended on a lower note, barring the Saudi market which had marginal gains.
In the absence of new drives, regional bourses had no choice but to follow the international markets, which declined on renewed debt woes concerning Greece, Kuwait’s Global Investment House said in its monthly report.
Among GCC bourses, Oman’s MSM 30 index posted the steepest decline down by 5 17 per cent for the month.
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