Gulf stocks dive to multi-year lows – Oil’s drop to near 11-year lows
 

13-12-15 02:15 PM

Muscat Securities Exchange slid 0.66 percent to 5,414.99 points, a 12-month low, while the tiny Bahrain Stock Exchange dropped slightly. Gulf private companies are feeling the heat from government measures to cut capital spending on which they heavily rely.

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