MIDEAST STOCKS-Gulf mixed; UAE mkts rise despite Arabtec weakness | Reuters:
"Stock markets in the United Arab Emirates continued to recover on Thursday, outperforming an otherwise weak Gulf region, while Qatar took a short-term hit from a rebalancing of the FTSE frontier market index.
Dubai's bourse was the Gulf's top performer, adding 1.6 percent and moving, for the first time in more than three weeks, in the opposite direction from Arabtec, which edged down 0.9 percent.
Arabtec, which dropped 50 percent in the last two weeks, still dominated trading volume, swinging between positive and negative territory as investors digested the surprise resignation of its chief executive Hasan Ismaik on Wednesday."
'via Blog this'
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