Wednesday, May 22, 2013
1027 GMT [Zawya Dow Jones]--Persian Gulf stock markets end mixed on Wednesday as Dubai resumes its rally and Kuwait stalls on profit taking. Tight ranges were expected after recent market activity, a local trader at an international bank says. Dubai shares finish +0.2% at 2323.34, after some losses this week on profit taking; the market is still up some 43% for the year. Kuwait's benchmark index falls 0.3% to 8222.02, after hitting a multi-year high in the previous session. Doha's market rises 0.5% to 9085.90 and Abu Dhabi ends down 0.2% at 3503.38. Saudi shares trade +0.1% at 7359.47.
(nikhil.lohade@dowjones.com; Twitter: @ZDJnews)
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(END) Dow Jones Newswires
22-05-13 1030GMT
