RIYADH, Oct 26 (Reuters) - Middle Eastern stock markets may pull back on Wednesday after both global bourses and oil prices turned down, although Qatari real estate shares could attract interest after strong third-quarter earnings.
MSCI's broadest index of Asia-Pacific shares outside Japan
Saudi Arabia's stock index
Short-term profit-taking could now interrupt that rebound, at least temporarily, especially after the central bank said late on Tuesday that it had asked local banks to reschedule the property loans of citizens whose incomes had been reduced by government austerity measures - a reminder that banks are bearing much of the pain of austerity.
In Qatar, however, two major real estate firms reported strong third-quarter earnings after drops in the first half of this year.
Barwa Real Estate
(Reporting by Andrew Torchia) ((andrew.torchia@thomsonreuters.com)(+9715 6681 7277)(Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
Keywords: MIDEAST STOCKS/