(Updates with Saudi Arabia, Egypt open) DUBAI, Dec 10 (Reuters) - Stock markets in the Gulf were mixed but appeared to be stabilising on Wednesday after falling sharply earlier in the week in response to oil's weakness. Brent crude dropped about $1 to around $66 a barrel on Wednesday morning on persistent oversupply worries, but that was roughly its level when Gulf markets closed on Tuesday. Saudi Arabia's stock index edged down 0.4 percent shortly after opening on Wednesday as blue chips National Commercial Bank and Saudi Basic Industries fell 0.9 and 1.1 percent respectively. ...
12-11-2014, 05:36 AM
MIDEAST STOCKS-Gulf markets stabilise after sharp drops
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