MidEast Stocks Mostly Up, But Dubai Slips on Securities Commodities Authority Crackdown - NASDAQ.com:
"MidEast shares were mostly higher, but Dubai fell after the Securities and Commodities Authority (SCA) said it would crack down on unlicensed margin lending. That prompted some brokers to ask clients to sell shares to lower margin levels, Reuters reports.
Other markets firmed as investors bought stocks for dividends.
Dubai's main index fell 1.1% to 3,428 points, Abu Dhabi rose 1.7% to 4,456 points, Qatar added 1.1% to 10,784 points to reach the highest close since Aug 2008, Egypt slipped 0.8% to 6,801 points, Saudi Arabia eased 0.3% to 8,612 points, Oman firmed 0.5% to 6,932 points, Kuwait edged up 0.8% to 7,608 points and Bahrain gained 0.1% to 1,250 points"
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