Monday, 29 October 2012

STOCKS NEWS MIDEAST-Dubai heads for 3rd-day loss; banks lift AD to 14-mth high - Yahoo! News Maktoob

Dubai's bourse declines in thin trading activity with banks and property-related stocks weighing, while Abu
Dhabi's market rises to a fresh 14-month high.
Sentiment continues to be weak after heavyweight Emaar Properties posted a quarterly profit decline and
missed estimates.
Shares in Emaar slip 0.3 percent, contractor Arabtec sheds 1.2 percent and Deyaar Development declines 0.8 percent.

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