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GCC markets close down for week

Middle East: Thursday, July 17 - 2008 at 20:20

Gulf stock markets fell sharply for the third consecutive week, with the UAE markets the biggest losers, losing Dhs19.3bn. The Dubai Financial Market fell 2.3% and Abu Dhabi Securities Exchange 2.1%. The Tadawul closed down 1.5% yesterday, Doha fell by 1.3%, the Kuwait Stock Exchange 0.60%, Bahrain 0.52% and Muscat 0.30%. In today's trading only the KSE closed up, by 0.67%. The DFM and ADX fell 0.02%, Doha 0.04%, Muscat 0.68% and Bahrain by 0.23%.

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Rob Jones Rob Jones, Editorial Director
Thursday, July 17 - 2008 at 20:20 UAE local time (GMT+4)

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