Dubai's index slumps to a 14-week low as downbeat global sentiment weighs on Gulf Arab markets.
Property-related stocks head declines. Bluechip Emaar Properties drops 1 percent, builder Arabtec loses 2 percent and struggling developer Union Properties tumbles 5 percent. These stocks are often the most
traded and so tend to lead index moves.
The benchmark drops 1.2 percent to 1,469 points, slumping to its lowest level since Feb. 8.
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