UPDATE 1-MIDEAST STOCKS-Gulf narrowly mixed, Dubai falls on disappointing earnings | Reuters:
"Gulf stock markets were neutral to negative in early trade on Monday as oil prices remained well off last week's highs. Dubai's bourse was the weakest after some disappointing first-quarter earnings.
Crude oil futures were little changed in Asian trade on Monday, as an interest rate cut by China to bolster its economy failed to instil confidence that oil demand in the world's largest energy consumer would improve quickly to absorb a global supply glut and lift prices.
Stock markets in Qatar and Oman were nearly flat, while Kuwait and Abu Dhabi slipped 0.2 percent each."
'via Blog this'
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