MIDEAST STOCKS-Dubai slips on property and banking shares, Abu Dhabi also down | Reuters

MIDEAST STOCKS-Dubai slips on property and banking shares, Abu Dhabi also down | Reuters:

"Dubai’s main index fell almost 1.5 percent on Tuesday as concerns over trade tensions between the United States and China ricocheted through emerging markets. Asian stocks wilted to a four month low with a nearly 4 percent drop in Chinese stocks as China warned it would retaliate to a threat of new U.S. tariffs on Chinese goods. Property and banking shares dragged down Dubai’s main index as the exchange’s biggest developer Emaar Properties plunged 5.2 percent."



'via Blog this'