Wednesday 8 April 2015

UPDATE 1-MIDEAST STOCKS-Gulf markets edge up in early trade | Reuters

UPDATE 1-MIDEAST STOCKS-Gulf markets edge up in early trade | Reuters:



"Gulf stock markets edged up in quiet, early trade on Wednesday, encouraged by a sharp rebound of oil prices over the past two days and signs of strength returning to the Saudi bourse.



The Dubai index inched up 0.1 percent with trade focusing on small-caps such as Union Properties, up 2.7 percent.



Gulf Finance House, which jumped 8.6 percent on Tuesday in its heaviest trade since January 2014, after a 15 percent leap on Monday, fell back 1.2 percent."



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