UPDATE 1-MIDEAST STOCKS-Gulf markets neutral to negative in slow trade | Reuters

UPDATE 1-MIDEAST STOCKS-Gulf markets neutral to negative in slow trade | Reuters:



"Most Gulf stock markets moved little in early trade on Wednesday in the absence of fresh catalysts or cues from the oil market, where prices have at least temporarily stabilised.



Brent crude inched up 0.1 percent on Wednesday morning, supported by strengthening European manufacturing data, while U.S. oil edged down 0.3 percent on an inventory build-up. 




Dubai's stock index fell 1.3 percent in low-volume trade which focused on real estate developer Emaar Properties , down 2.6 percent. But Dubai Parks and Resorts bucked the trend and jumped 2.2 percent."



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