Thursday, May 03, 2012

0729 GMT [Zawya Dow Jones]--Most Persian Gulf stock markets trade with a negative bias Thursday; volumes relatively narrow as usually active retail investors adopt caution ahead of the weekend--disappointing data from Europe and the U.S. reignite concerns about the global economic outlook. Dubai shares trade -0.2% at 1593.36; Abu Dhabi's market is down 0.3% at 2498.97; Doha's benchmark index tad lower at 8663.70; while Kuwait rises 0.3% to 6460.40. Nymex June crude-oil futures last down 11 cents at $105.11/bbl. (nkhil.lohade@dowjones.com)

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(END) Dow Jones Newswires

03-05-12 0729GMT