Tuesday 8 December 2015

MIDEAST STOCKS-UAE, Qatar mkts fall in broad sell-off; Dubai hits 2015 low | Reuters

MIDEAST STOCKS-UAE, Qatar mkts fall in broad sell-off; Dubai hits 2015 low | Reuters:

"Markets in Qatar and the United Arab Emirates slid in a broad sell-off on Tuesday as most buyers await signs the bourses have bottomed out before committing more cash.

Abu Dhabi's bourse tumbled 2 percent to a three-week low as Monday's 0.3 percent gain proved a fleeting recovery.

Financial stocks were the main drag. Abu Dhabi Commercial Bank dropped 6.5 percent and First Gulf Bank lost 2.5 percent."



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