Mideast Stocks: Property shares weigh on Dubai bourse; other markets muted

Mideast Stocks: Property shares weigh on Dubai bourse; other markets muted

Major stock markets in the Gulf were little changed in early trade on Wednesday, with losses in real estate shares weighing on the Dubai index.Saudi Arabia's benchmark index rose 0.1%, with Etihad Etisalat advancing 3.2% and utility firm Saudi Electricity gaining 1.5%, while state-owned Saudi Aramco slipped 0.3%.The oil giant raised its November official selling price (OSP) for Arab Light crude to Asia by $0.10 a barrel, setting it at minus $0.40 per barrel versus Oman/Dubai average. Aramco was expected to keep the OSP little changed for Asian buyers in line with Middle East benchmarks, according to a Reuters survey. Dubai's main share index eased 0.3%, weighed by a 0.7% fall in Emaar Properties and a 2.1% retreat in Emaar malls.The United Arab Emirates, with a population of around 9.9