Monday 15 October 2012

STOCKS NEWS MIDEAST-Dubai up; large-caps lift Qatar to 12-day high - Yahoo! News Maktoob

Dubai's bluechips help lift the measure for a third day in five as investors await earnings, while large-caps
lift Qatar to 12-day high.
Courier Aramex gains 3.7 percent in late-trade. Emaar Properties climbs 0.6 percent and Dubai Financial Market, the Gulf's only listed bourse, adds 1.9 percent.
The emirate's index ends 0.6 percent higher at 1,635 points, up 13.8 percent since June 3's four-month low.
"The markets in UAE remain to be in an uptrend and have been resilient to the drops we've been in seeing in Saudi," says Nabil Al Rantisi, managing director at Menacorp in Abu Dhabi.

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