May 23 2012
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MARKET TALK: Most Gulf Mkts End Lower As Greece Worries Ratchet Up
Wednesday, May 23, 2012
1036 GMT [Zawya Dow Jones]--Most Gulf markets end down, tracking a global equities slump, amid heightened fears over a Greek exit from the euro zone. Crude oil futures decline Wednesday too. Nymex July crude futures last down $0.86 at $90.99/bbl. Dubai shares finish -1% at 1480.10 while Abu Dhabi, the only market to notch gains, closes +0.2% at 2475.52. Kuwait's index ends down 0.2% at 6366.95 and Qatar's QE index is -0.4% at 8467.42. Saudi shares are trading -0.5% at 7062.48. (firstname.lastname@example.org)
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