UPDATE 1-MIDEAST STOCKS-Gulf markets rebound, following oil | Reuters:
"Gulf stock markets rose in early trade on Thursday after a dovish statement from the U.S. Federal Reserve lifted oil prices and sparked a rally in emerging markets.
Dubai's index rose 1.8 percent after dropping 3.6 percent in a panic sell-off on Wednesday, when U.S. crude futures slid to a fresh six-year low.
Most stocks in the emirate gained and developer Emaar Properties jumped 3.0 percent, dominating trading volumes."
'via Blog this'
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