The Abu Dhabi and Dubai stock markets have dropped sharply in the past several months
Dubai’s index fell 0.5 percent as most stocks declined
Dubai’s main index rose 1.1 percent to a three-month closing high of 5,172 points as shares in Emaar gained 2.2 percent
The survey showed two-thirds expected to raise their equity allocations to Saudi Arabia in the next three months
While to a degree the selling pressure has been overdone, a bounce is widely expected, although likely to be short-lived
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