MIDEAST STOCKS-Dubai shares lead regional losses after global sell-off | Reuters:
"* Dubai trading volume falls, market ends well off low
* Some see pull-back as healthy
* Saudi petchem index recovers to close higher
* Qatar falls on local selling; foreigners are buyers
* Egypt drops marginally after political violence
By Nadia Saleem
DUBAI, Jan 26 (Reuters) -
Shares in Dubai and Abu Dhabi tumbled on Sunday, leading a region-wide decline following a sharp sell-off in U.S. and emerging markets on fears of slowing growth in China and reduced support from U.S. monetary policy.
Dubai's bourse, which has been driven to hefty gains by local retail investors, fell 2.2 percent - recording its biggest one-day loss in more than two months as it came off Thursday's five-year high.
Trading volumes were lower than they were during last week's gains and the market closed well above the day's low, suggesting buyers are ready to step in on dips."
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