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Dubai falls on economic worries, Oman, Kuwait rise |
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Bank and real estate shares in Dubai fell on Thursday on growing fears about the health of the emirate's economy, while in Oman and Kuwait government measures to support their battered bourses saw stocks surge. |
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Gulf bourses end firmer; Saudi, Abu Dhabi dip |
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Most Gulf bourses ended firmer on Wednesday as investor sentiment improved modestly amid a raft of policy proposals in the Gulf aimed at coping with the credit crisis. |
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Gulf stocks mixed, Emaar drags Dubai 5pc down |
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Emaar Properties pulled Dubai's index to a lower close on Tuesday as the global economic outlook dampened, prompting investor worries about the region's real estate sector. |
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Most Gulf bourses rebound, Kuwait ends lower |
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Most Gulf Arab bourses rose on Monday with Dubai real estate and property shares soaring as investors searched for bargains following recent declines. |
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Most Gulf bourses fall on global worries, Saudi up |
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Most Gulf Arab bourses fell on Sunday as fears over the health of the global economy weighed on investors' minds.
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Sabic plunges, leads Saudi index to end down |
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1238 GMT - Sabic slides 7.17 percent after it said on Monday it expects its fourth-quarter earnings to be hit by a rapid slide in prices and a slowdown in demand due to the global financial crisis. The benchmark <.TASI> closes down 5.21 percent at 5,465 points. |
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Most Gulf Arab bourses hit by global fears |
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Most Gulf Arab bourses declined on Monday as investors worried about the impact of a global economic slowdown on the region, with property stocks in the United Arab Emirates among the hardest hit. |
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Retail selloff sweeps through Gulf, Emaar tumbles |
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Emaar Properties plunged almost 10 per cent on Sunday, pulling Dubai's index to a 45-month closing low, as anxious retail investors offloaded shares across the Gulf on worries about a global recession. |
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Abu Dhabi closes up 1.5pc, banks lead |
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1032 GMT - Abu Dhabi's main index <.ADI> closes up 1.51 percent at 3,435 points, led by banks, as regional bourses are boosted by Obama's election win in the United States. |
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Saudi index closes down, Sabic weighs |
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Saudi Arabia's main index <.TASI> falls more than 1 per cent, led by Saudi Basic Industries Corp <2010.SE>, reversing earlier gains as investors fret about the economic outlook. |
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Market Trends
