Thursday, 26 November 2015

MIDEAST STOCKS-Gulf markets mixed in opening minutes | Reuters

MIDEAST STOCKS-Gulf markets mixed in opening minutes | Reuters:

"Gulf stock markets were mixed in the opening minutes of trade on Thursday amid a lack of fresh corporate news to spur buying.

Dubai's index slipped 0.5 percent as real estate shares weakened, with Emaar Properties down 0.8 percent.

A report by industry consultants Cluttons on Wednesday said residential property prices in Dubai had declined for five successive quarters and were likely to fall a further 3-5 percent over the next 12 months."



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