Arab Today, arab today markets downbeat on global woes
Last Updated : GMT 07:10:20
Arab Today, arab today
Arab Today, arab today

Markets downbeat on global woes

Arab Today, arab today

Arab Today, arab today Markets downbeat on global woes

Dubai - Arabstoday

Most Gulf markets retreated yesterday, trading on muted volumes, as sliding oil prices and further declines on overseas markets kept investors at bay. Global trends dominated moves in Gulf bourses due to a lack of regional catalyst in company news or economic developments. The UAE’s bourses were the biggest losers, with both Dubai and Abu Dhabi slumping to four-month lows. Dubai\'s index ends 0.3 percent lower, its lowest close since Feb. 2. Trading volumes were down by more than a third from Sunday. Property-related stocks head Dubai\'s losers. Emaar Properties dropped 1 percent, Deyaar lost 4 percent and builder Arabtec shed 1.4 percent. \"The fact that volumes were muted show there is not much selling pressure,\" said Sebastien Henin, portfolio manager at The National Investor. \"Global factors will drive Gulf markets, but I\'m not expecting any major impact.\" Abu Dhabi\'s index fell 0.2 percent, its lowest close since Jan. 30. Trading volumes are the lowest since mid-January. National Bank of Abu Dhabi was the main drag, falling 2.4 percent, but Aldar Properties and Sorouh Real Estate added 3 and 1.1 percent respectively. Uncertain worldwide growth outlook flushed more investors out of riskier assets, sending global shares and commodities down, despite signs that a drive by Europe\'s leaders to tackle the region\'s debt crisis was gathering momentum. In Kuwait, logistics firm Agility advanced 2.8 percent. Agility said earlier that it had acquired a 62 percent stake in United Projects for Aviation Services Company (UPAC), an airline support service and transport provider, for 26 million dinars ($ 92.7 million). UPAC\'s shares ended 7 percent higher. Kuwait\'s index ended 0.5 percent lower. From Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today markets downbeat on global woes Arab Today, arab today markets downbeat on global woes

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today markets downbeat on global woes Arab Today, arab today markets downbeat on global woes

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday