MARKET TALK: Most Gulf stock markets trade lower; global growth concerns

Thursday, Apr 18, 2013

0736 GMT [Zawya Dow Jones]--Most Gulf stock markets trade in the red as investors remain jittery about the global outlook amid heightened worries regarding economic growth. "Instability in financial markets is still apparent as the end of the week draws near, with gold's recovery since the start of the week still quite a shallow one and equities remaining heavy in the face of growth concerns," says an economist. Dubai's DFM Index is down 1% at 1950.11, while Abu Dhabi's gauge is -0.1% at 3088.78. Kuwait's exchange is -0.1% at 7079.67 and Qatar's main market is +0.2% at 8429.32.

(tim.falconer@dowjones.com; Twitter: @ZDJnews)

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18-04-13 0736GMT