Thursday 7 February 2019

Mideast Stocks: Real estate weighs on #Dubai, most major Gulf markets down | ZAWYA MENA Edition

Mideast Stocks: Real estate weighs on Dubai, most major Gulf markets down | ZAWYA MENA Edition:

Dubai's stock market fell in early trade on Thursday as all its property shares slipped, while Qatar slid, pressured by its blue-chip financial stocks.

In Dubai, the index lost 0.9 percent, with the emirate's largest listed developer Emaar Properties dropping 2.4 percent, while its unit Emaar Development lost 4.8 percent.

DAMAC Properties was down 3.8 percent.

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