MIDEAST STOCKS-Property stocks weigh as Dubai hits 12-month low; Gulf weak | Reuters:
"Dubai's index hit a 12-month low and other Gulf markets also retreated on Monday as a renewed slump in oil prices prompted traders to sell stocks.
Dubai's index fell 2 percent, tumbling to its lowest level since December last year to take its 2015 losses to 17.5 percent.
Construction and real estate stocks were the biggest drags. Heavyweight Emaar Properties dropped 3.1 percent, contractor Drake and Scull shed 3.8 percent and builder Arabtec dipped 0.9 percent."
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