Wednesday 30 April 2014

MIDEAST STOCKS-UAE markets slide; Qatar, Egypt rebound | Reuters

MIDEAST STOCKS-UAE markets slide; Qatar, Egypt rebound | Reuters:



"Stock markets in the United Arab Emirates remained weak on Wednesday while bourses in Qatar and Egypt rebounded after several days of losses.



Dubai's bourse edged down 0.5 percent with declines across the board. Lender Emirates NBD, down 2 percent, was the main drag.



Shares in Arabtec's, which soared 50 percent this month, fell 0.6 percent in early trade before trading was suspended for the rest of the day from 0700 GMT when its annual shareholder meeting opened."



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