Thursday 6 September 2012

MIDEAST STOCKS-Gulf mkts edge up ahead of ECB meeting - Yahoo! News Maktoob

Most Gulf markets edged higher in cautious trade on Thursday as investors waited for the results of a European Central Bank (ECB) policy meeting later in the day.
Dubai's index gained 0.4 percent, trading within a tight range and up 0.5 percent for the week. Abu Dhabi's benchmark rose 0.3 percent, extending its year-to-date gains to 6.7 percent.
UAE's real estate-related stocks were up. Dubai bellwether Emaar Properties roses 1.2 percent, Deyaar Development climbed 0.6 percent and Abu Dhabi-listed Sorouh Real Estate added 3.7 percent.

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