Dubai’s main stock market and Abu Dhabi’s index have closed at their lowest points of the year amid mounting anxiety over plunging oil prices. (AP Photo/Kamran Jebreili, File)
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Dubai stocks advanced the most in more than two weeks after measures taken by central banks in Europe and China to shore up the global economy boosted appetite for riskier assets.Saudi Arabia's Tadawul All Share Index sank to the lowest in almost a month.An almost 45 percent drop in Brent crude prices in the past 12 months has hurt profit in Gulf nations, which rely on income from oil to fund public spending.The lender's stock led the index's decline with a 3.8 percent retreat, the steepest in two months.Oman's MSM 30 Index gained 0.3 percent, while Jordan's Amman SE General Index dropped 0.9 percent.
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