MIDEAST STOCKS-Dubai ends 10-day rally, most Gulf markets little changed - Reuters:
Dubai's stock market slid on Thursday as most of its financial shares dropped, snapping a 10-day winning streak, while other major Gulf markets were little changed.
The Dubai index fell 0.6 percent, led by a 1.7 percent fall in Emirates NBD, ahead of its board meeting scheduled on April 16 to approve its first-quarter financial statement.
On Wednesday, the lender said it would receive 554.5 million pounds ($725.6 million) from the sale of a stake in Network International through a secondary listing of the shares in London. Emirates NBD sold 127.5 million shares in the payment processor, reducing its stake to 25.5 percent.
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