Gulf stocks take a breather

Posted by 7Star Thursday, December 3, 2009

Gulf stock markets steadied on Wednesday after heavy losses in the previous two days, in the absence of fresh developments in the Dubai debt crisis and as the UAE markets were closed. Qatar's Doha Securities Market added more than 350 points to close 5.3 percent higher, regaining most of the losses it sustained on the previous day when it plunged 8.3 percent.

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