MIDEAST STOCKS-Dubai Islamic Bank weighs on Dubai index; Qatar keeps rising | Reuters:
"The Dubai stock market was sluggish on Tuesday, dragged down by building contractor Drake & Scull International and Dubai Islamic Bank, while other Gulf markets were up slightly in the first hour of trading.
The Dubai index shed 0.3 percent in early trade. Heavyweight Dubai Islamic Bank was down 0.2 percent, as shares continued to slip while trading in a rights issue, which started in mid-May and will end on May 30.
Building contractor Drake & Scull International was 0.8 percent lower, after making significant gains following positive first quarter results."
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