Sunday 17 May 2015

UPDATE 1-MIDEAST STOCKS-Gulf markets mixed, Qatar's Ezdan surges again | Energy & Oil | Reuters

UPDATE 1-MIDEAST STOCKS-Gulf markets mixed, Qatar's Ezdan surges again | Energy & Oil | Reuters:



"Gulf stock markets were mixed in early trade on Sunday after mixed messages from the oil market and earnings reports, but Qatari property developer Ezdan Holding extended gains following its inclusion in MSCI's emerging markets index.


Brent crude edged up on Friday, but U.S. oil fell as traders and investors debated whether oil's rally over the past month and a half should continue amid stubbornly high supplies.



Dubai's stock index slipped 0.3 percent as blue chip Emaar Properties lost just as much and Gulf Finance House, the most traded stock, fell 1.3 percent."



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