MIDEAST STOCKS-Dubai Investments weighs on Dubai index, banks lift Saudi - Reuters:
Dubai's stock market fell on Thursday,
pressured by Dubai Investments trading ex-dividend, while banks
lifted the Saudi index.
Dubai's index dropped 0.5 percent, with Dubai
Investments plunging 9.8 percent to its biggest
one-day loss since August 2015, as the stock went ex-dividend.
Takaful Emarat Insurance was down 1.3 percent
after it said it will no longer proceed with the proposed
acquisition of Al Hilal Takaful.
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