MIDEAST STOCKS-Gulf markets slip as volumes drop with Ramadan | News by Country | Reuters:
"Most bourses in the Gulf declined on Sunday as many retail investors withdrew from the markets with the beginning of Ramadan and trading volumes plunged.
Dubai was the biggest loser, sliding 2.4 percent as daily trading volume shrank 59 percent.
"The market is very slow, with very low trading volumes, which is expected" during Ramadan, said Ali Adou, portfolio manager at The National Investor in Abu Dhabi."
'via Blog this'
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