Tuesday, 9 February 2016

MIDEAST STOCKS-Gulf bourses fall, following global shares lower | Reuters

MIDEAST STOCKS-Gulf bourses fall, following global shares lower | Reuters:

"Gulf stock markets fell in early trade on Tuesday, erasing the prior session's gains as risk appetite diminished following a slump in global shares.

Dubai's index fell 2.2 percent with blue chips Emaar Properties and Emirates NBD, Dubai's largest bank by market value, each tumbling more than 3.0 percent.

Abu Dhabi's benchmark was down 0.4 percent after closing flat on the previous day; large-cap lender First Gulf Bank fell 0.9 percent. Dana Gas retreated 2.1 percent after gaining for three days."



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