MIDEAST STOCKS-Most Gulf markets fall, Dubai dips despite stimulus plan | Reuters:
"Banking shares dragged down Saudi Arabia’s stock market on Thursday on selling ahead of the Eid holiday, profit-taking also weighed on Dubai shares despite news of new economic stimulus steps. Trading volume was high as retail investors - the majority in Gulf markets - took profits after strong gains in the past few sessions. Eid al-Fitr lasts for about two days and falls at the end of next week. The Saudi main index fell 0.5 percent with National Commercial Bank, the biggest lender, losing 0.5 percent, and Alinma Bank giving up 1.2 percent in heavy trade."
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