MIDEAST STOCKS-Global stock slide pulls down most Gulf markets - Reuters:
Most Gulf stock markets dropped on Monday, mirroring losses in global stocks after strong U.S. job gains dampened expectations the Federal Reserve will deliver a large rate cut.
The Kuwait bourse fell back after seven straight gains triggered by MSCI decision to upgrade Kuwaiti equities to its main emerging markets index.
Kuwait’s index decreased 0.3% after rallying recently on expectations that the MSCI move would trigger billions of dollars of inflows in Kuwaiti stocks.
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