: Banks made up four out of the top five contributers to the decline, according to Business Week. Abu Dhabi ADX General Index advanced 0.6 per cent. The Tadawul All Share Index retreated 1.3 per cent to 7,373.27 as of 1:30 p.m. in Riyadh, poised for a seventh day of losses. The Bloomberg GCC 200 Index, made up of the biggest and most liquid shares in the six-nation Gulf Cooperation Council, slipped 0.5 per cent. The Fed warnings also spurred a 3.3 per cent retreat in Brent crude prices on Friday on concern demand for oil could slump amid a supply glut. Stock markets across the US declined after Fed policy makers sounded caution over slowing growth in China, leaving the possibility open for near-zero interest rates through this year.
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