MIDEAST STOCKS-Gulf markets edge down in early trade | Reuters

MIDEAST STOCKS-Gulf markets edge down in early trade | Reuters:

"Gulf stock markets edged down in early trade on Sunday after oil prices pulled back on Friday, as prospects for a deal among crude producers to cap output faded.

The Dubai stock index was 0.2 percent lower after 45 minutes as Emaar Properties lost 1.1 percent.

However, construction firm Arabtec climbed 3.7 percent after it reported a net loss of 360 million dirhams ($98.02 million) for the three months to Dec. 31, compared with a loss of 94.4 million dirhams a year earlier."



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