MIDEAST STOCKS-Property stocks weigh on Dubai; other markets mixed - Reuters:
Dubai’s stock market fell on Sunday to extend losses for a fourth session hurt by real estate shares while other major Gulf markets were mixed.
The Dubai index dropped 0.5% weighed down by its largest lender Emirates NBD which fell 0.8% and a 0.6% fall in Emaar Properties.
A weakening property market in the United Arab Emirates is likely to put more pressure on the asset quality of the banking sector, Fitch Ratings agency said.
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