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Dubai stocks lead falls across Mideast equities

Expectations of hike in Fed interest rates this year push Brent crude lower
Monday, November 9, 2015 - 05:50

Dubai

DUBAI stocks dropped into a bear market, leading declines across most Middle Eastern equities after a US labour report increased expectations that the Federal Reserve will lift interest rates this year, pushing Brent crude lower.

The DFM General Index slid 3 per cent to 3,347