MIDEAST STOCKS-Most of Gulf barely moves but property firms buoy Qatar | Reuters:
"Most Gulf stock markets traded
sideways in thin volumes on Tuesday but real estate-related
shares continued to buoy Qatar after the central bank governor
ruled out tightening monetary policy.
In most of the region, investors are worried about low oil
prices and tightening liquidity in banking systems due to the
reduction in state oil revenues.
Saudi Arabia's stock index closed flat. Alinma Bank
, the most heavily traded stock, rose 1.5 percent, but
several major plays on Saudi consumer demand fell, showing
concern about the risk of an economic slowdown next year if oil
prices stay low and the government curbs spending."
'via Blog this'
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