Tuesday, 20 October 2015

MIDEAST STOCKS-Gulf shares languish, Qatar's Nakilat gains on foreign limit | Reuters

MIDEAST STOCKS-Gulf shares languish, Qatar's Nakilat gains on foreign limit | Reuters:

"Gulf shares lacked direction in thin trading on Tuesday, with a weak oil backdrop making investors shy of increasing risk.

Worries about oversupply and the health of the global economy kept Brent crude gains capped. It edged up to $48.88 per barrel after a nearly 3 percent drop in the previous session.

Dubai's stock index eased 0.2 percent to 3,695 points, keeping to the tight range of 100 points it has traded in for two weeks."



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