Monday 18 June 2018

MIDEAST STOCKS-Air Arabia drops in Dubai on Abraaj links, most Abu Dhabi banks down | Reuters

MIDEAST STOCKS-Air Arabia drops in Dubai on Abraaj links, most Abu Dhabi banks down | Reuters:

"Stock exchanges in Dubai and Abu Dhabi closed in negative territory on Monday, reflecting a slump in global stocks and oil prices due to increasing trade tensions.

Markets in the rest of the region were closed because of the Eid holiday, which started last week.

U.S. President Donald Trump announced tariffs on Chinese imports, prompting Beijing to respond with similar measures."



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