Thursday, 23 May 2019

MIDEAST STOCKS-Financials weigh on most of Gulf, FAB lifts #AbuDhabi - Agricultural Commodities - Reuters

MIDEAST STOCKS-Financials weigh on most of Gulf, FAB lifts Abu Dhabi - Agricultural Commodities - Reuters:

Most major Gulf markets fell on Thursday weighed down by banking shares, mirroring wider Asian slump amid U.S.-China trade conflict. But the top lender lifted Abu Dhabi.

Dubai’s index lost 0.9% with all financial and real estate shares sliding.

Emirates NBD, its largest lender, dropped 1.8% and blue-chip developer Emaar Properties was down 0.5%.

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