MIDEAST STOCKS-Oil weak on Iran talks, but Q1 sales may boost Dubai's DAMAC
Oil price concerns and ex-dividend stocks may weigh on Middle East stock markets on Tuesday, but strong first-quarter sales may support Dubai property developer DAMAC. A monthly Reuters survey published on Tuesday shows Middle East fund managers may move further into cash in the near future as economic and geopolitical risks in the region rise. For the first time since the survey was launched in September 2013, the bears outweighed the bulls for both equities and fixed income simultaneously. Oil futures extended losses on Tuesday as Iran ...
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