Sunday 7 September 2014

UPDATE 1-MIDEAST STOCKS-Abu Dhabi rebounds; Dubai, Qatar fall | Reuters

UPDATE 1-MIDEAST STOCKS-Abu Dhabi rebounds; Dubai, Qatar fall | Reuters:



"Stock markets in Dubai and Qatar fell on Sunday, erasing early-session gains, while Abu Dhabi's big banks helped its bourse rebound.



Dubai's index slid 1 percent, having been up as much as 0.8 percent in initial trade.

Emaar Properties dropped 0.9 percent.



The developer on Sunday announced more details of its malls unit's initial public offer, which Emaar said had a net asset value of 33.2 billion dirhams ($9 billion). Subscription will open on September 14."



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