Tuesday, November 21, 2006

Tough Markets

Gulf News Published: 21/11/2006 12:00 AM (UAE): UAE stocks at the lowest point in two years

GN Published: 21/11/2006 12:00 AM (UAE): Dh6.9b wiped out of UAE stock markets

Arab Times Kuwait: 21/11/2006: "Kuwait stocks tumbled 3.5 per cent Monday, as investors loaded off shares, concerned by stock authority’s investigation into listed companies’ ownership disclosure. It was the biggest single-day drop since July, the day following Israel attack on Lebanon."

The Khaleej Times on 17/11 offered some guesses as to why "Arab stock markets deepened losses this week for the third week in a row."

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