UPDATE 1-MIDEAST STOCKS-Galf markets edge down as oil drops | Reuters:
"Gulf stock markets edged down in early trade on Thursday after oil prices extended their losses, showing that the commodity remains very volatile.
Brent crude gave up small early gains and dropped 1.6 percent, trading below $54 per dollar. It had plunged 5.5 percent in the previous session.
Dubai's stock index fell 1.1 percent as almost all traded shares declined and heavyweight developer Emaar Properties dropped 2.7 percent."
'via Blog this'
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