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-   -   MIDEAST STOCKS-Markets may consolidate, global backdrop mixed (https://hameed.nwar.uk/vb/showthread.php?t=958884)

rss 11-19-2014 09:12 PM

MIDEAST STOCKS-Markets may consolidate, global backdrop mixed
 
DUBAI, **v 19 (Reuters) - Stock markets in the Middle East may consolidate on Wednesday on thin domestic news flow and a mixed global backdrop of strong equities and weakening oil prices. Most markets in the region rebounded in the last session after Monday's sell-off as oil prices appeared to be stabilising near $80 per barrel ahead of an OPEC meeting next week. But Brent crude held steady below $79 a barrel on Wednesday as data showed Saudi Arabia increased crude exports in September despite signs of an oversupplied market and divisions among OPEC members seemed to grow. ...

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