Saturday 17 January 2015

UAE investors eye fourth quarter results as stability returns | GulfNews.com

UAE investors eye fourth quarter results as stability returns | GulfNews.com:



"UAE equity investors are likely to eye fourth quarter results for direction, even as the Dubai index gained nearly 5 per cent last week ignoring falling crude oil.



On Thursday, the Dubai Financial Market General Index ended at 3,842.60, while the Abu Dhabi Securities Exchange ended 0.53 per cent lower at 4,481.36.



The UAE indices witnessed massive volatility in December along with crude oil, which shaved off 50 per cent of its gains after Opec kept the output steady."



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