DUBAI Feb 27 Stock markets in the Gulf were
mostly slightly lower in thin early trade on Monday as there was
little domestic or international news to stimulate activity.
Saudi Arabia's index inched down 0.1 percent in the
first 15 minutes. Real estate fund Riyad REIT, which
jumped 9.4 percent on Sunday, was down 1.0 percent in volatile
trade. There was little trading of most blue chips.
Dubai's index edged down 0.2 percent as the largest
real estate developer, Emaar Properties, fell 0.8
In Abu Dhabi, the index barely changed as blue chips
moved in opposite directions. National Bank of Abu Dhabi
rose 1.0 percent but Aldar Properties fell
Elsewhere, Qatar's Gulf International Services,
interests in insurance, aviation, oil and gas and catering,
dropped 2.4 percent as it traded ex-dividend. Most other shares
on that bourse were weak, with Ezdan Holding down 1.5
percent; the index edged 0.3 percent lower.
(Reporting by Celine Aswad; Editing by Andrew Torchia and Robin