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MidEast Stocks Pressured by Chemical Weapons Attack in Syria

By: MT Newswires
Posted: 8/26/2013 12:34:00 PM
Referenced Stocks:

Middle East stocks mostly fell amid rising geo-political uncertainty after last week's reported chemical weapons attack in Syria.

U.N. inspectors on Monday traveled to a rebel-held suburb of the Syrian capital where they met and collected samples from victims of the attack, a Syrian doctor told Reuters. The visit follows calls from Western powers for military action to punish what may be the world's worst chemical attack in 25 years.

Saudi Arabia's main index retreated 0.9% to 8,054 points, Qatar fell 1.8% to 9,899 points, Dubai eased 0.2% to 2,742 points, Abu Dhabi lost 0.7% to 3,933 points, Egypt declined 0.4% to 5,449 points, Kuwait lost 0.9% to 8,000 points, Oman firmed 0.05% to 6,919 points and Bahrain was flat at 1,201 points.