Wednesday 29 July 2015

MIDEAST STOCKS-Gulf indexes edge up but UAE's Etisalat falls on poor Q2 | Reuters

MIDEAST STOCKS-Gulf indexes edge up but UAE's Etisalat falls on poor Q2 | Reuters:



"Gulf stock indexes crept up in early trade on Wednesday after global equities firmed and the oil price retreat slowed.



Chinese stock indexes, which had tumbled earlier this week, rebounded, with the CSI300 index of the largest listed companies in Shanghai and Shenzhen up 2.4 percent and the Shanghai Composite up 2.6 percent.



Brent crude oil was down 0.3 percent at $53.13 per barrel compared with Tuesday's intra-day low of $52.28."



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