Thursday 6 September 2012

STOCKS NEWS MIDEAST-Dubai edges up; mkts in sideways trend - Yahoo! News Maktoob

UAE and Qatar's markets trade flat to positive as investors hesitate to increase risk ahead of a key policy meeting in Europe later on Thursday.
Dubai's index adds 0.2 percent to 1,554 points, trading range-bound for the last six sessions. The market however, is holding on to 14.8 percent year-to-date gains. Real estate-related stocks move higher with Emaar Properties and Drake and Scull adding 0.6 and 0.9 percent respectively. Deyaar Development advances
0.6 percent.
Abu Dhabi's measure ticks up 0.1 percent to 2,559 points, extending gains to 6.5 percent so far in 2012.

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