Passengers have been advised to check their flight status on the airlines' websites
Sorouh Real Estate PJSC, the second-biggest developer in Abu Dhabi, declined for the first time this month.
National Central Cooling Co., the refrigeration company known a Tabreed, fell as much as 2.9 per cent.
Abu Dhabi’s benchmark index closed 0.3 per cent lower at 3,127.59, while Dubai’s measure slipped 0.1 per cent.
“Investors are on the fence heading into the third-quarter earning season,” Ali Khan, head of cash-equity trading at Dubai-based Arqaam Capital Ltd., wrote in an e-mail. Earnings season in the Gulf will pick up steam in mid- October and will last until around the middle of next month.
Sorouh fell 2 per cent, the most since Sept. 28, to Dh3.95. Tabreed declined 2 per cent to Dh1. The Abu Dhabi- based company was cut on Oct. 1 to “reduce” from “buy” at Nomura Holding Inc., which cited “project visibility and liquidity concerns.” The shares rose 1 per cent that day.
Saudi Arabia’s Tadawul All Share Index dropped less than 0.1 per cent to 6,264.13 at 1:33 p.m. in the kingdom. Qatar’s DSM 20 Index advanced 0.4 per cent, Bahrain’s measure gained 0.9 per cent and the Kuwait Stock Exchange added 0.4 per cent. Oman’s MSM30 Index rose less than 0.1 per cent.
Bloomberg
Passengers have been advised to check their flight status on the airlines' websites
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