Monday 30 May 2016

MIDEAST STOCKS-Dubai weakens in early trade, Saudi choppy | Reuters

MIDEAST STOCKS-Dubai weakens in early trade, Saudi choppy | Reuters:

"Shares in Dubai dropped in early trade on Monday as investors cashed out of stocks which have made recent gains, while Saudi Arabia's stock market was choppy.

In Dubai losers outnumbered gainers 14 to six and the index was down 1.0 percent.

Blue-chips Emaar Properties, which has been rising for three session, lost 1.7 percent, while Dubai Islamic Bank, which was a top gainer on Sunday, dropped 2.2 percent."



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