MIDEAST STOCKS-Gulf markets rise, Kuwait down on property sector | Reuters:
"* Kuwait only market in red as property shares drop
* Hit by wider Q3 loss at MENA Real Estate
* Dubai posts biggest gain but will remain volatile
* Dividend-driven rally continues in Qatar
* Egypt recovers further on Gulf aid hopes
By Olzhas Auyezov
DUBAI, Nov 18 (Reuters) - Bourses across the Gulf gained on Monday along with global markets, with the exception of Kuwait , where property stocks dropped after a local developer reported a widening third-quarter loss.
"There is enough momentum to push markets right now and there are at the moment no negative external factors," said John Sfakianakis, chief investment strategist at Saudi investment firm MASIC.
Dubai posted the biggest gain on Monday, jumping 1.5 percent, although analysts said the move reflected its increased volatility in the run-up to the Nov. 27 decision on the emirate's bid to host the Expo 2020 world fair. Abu Dhabi's bourse rose 1.1 percent."
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