Monday 27 February 2017

MIDEAST STOCKS-Gulf edges lower on profit-taking in early trade | Reuters

MIDEAST STOCKS-Gulf edges lower on profit-taking in early trade | Reuters:

"Stock markets in the Gulf were mostly slightly lower in thin early trade on Monday as there was little domestic or international news to stimulate activity.

Saudi Arabia's index inched down 0.1 percent in the first 15 minutes. Real estate fund Riyad REIT, which jumped 9.4 percent on Sunday, was down 1.0 percent in volatile trade. There was little trading of most blue chips.

Dubai's index edged down 0.2 percent as the largest real estate developer, Emaar Properties, fell 0.8 percent."



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