MIDEAST STOCKS-Gulf stocks open weak, Abu Dhabi eases after hitting 3-year high | Reuters:
The Abu Dhabi market eased from a three-year high on Tuesday on profit-taking and weakness in Aldar Properties as its quarterly earnings slumped, while Qatari stocks were lacklustre as banks lost ground.
Abu Dhabi’s index was down 0.2 percent, after hitting its highest level since late July 2015 on Monday.
Aldar Properties fell 1 percent after reporting a 28 percent fall in second-quarter profit, missing estimates. First Abu Dhabi Bank eased 0.4 percent after rising sharply a day earlier.
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