Mideast Stocks: Real estate halts Dubai's momentum, banks pressure Saudi | ZAWYA MENA Edition:
Dubai's stock market inched down in early trading on Monday, ending an eight day winning streak, while Saudi Arabia was pulled down by its banks.
The Dubai index edged 0.1 percent lower, with Emaar Malls shedding 2.2 percent and Aramex declining 1.8 percent.
Dubai snapped its longest stretch of gains since Jan 2018, mainly triggered by strong fourth-quarter earnings from real estate firms.
No comments:
Post a Comment