Sunday 25 January 2015

MIDEAST STOCKS-Abu Dhabi, Qatar rise; property stocks weigh on Dubai | News by Country | Reuters

MIDEAST STOCKS-Abu Dhabi, Qatar rise; property stocks weigh on Dubai | News by Country | Reuters:



"Stock markets in the United Arab Emirates and Qatar were mixed in low-volume trade on Sunday as most countries in the Middle East closed their bourses following the death of Saudi Arabia's King Abdullah.



His successor King Salman pledged continuity in energy and foreign policies and moved quickly to appoint younger men as his heirs. He appeared to settle the succession issue for years to come by naming a deputy crown prince from his dynasty's next generation.



Qatar's index rose 1.3 percent. Qatar National Bank was the main support, surging 3.9 percent."



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