Wednesday 15 July 2015

MIDEAST STOCKS-Gulf markets edge up, Dubai's DP World surges | Reuters

MIDEAST STOCKS-Gulf markets edge up, Dubai's DP World surges | Reuters:



"Gulf stock markets edged up in early trade on Wednesday, supported by rebounding oil prices and second-quarter earnings.



Oil rose late on Tuesday and was steady in Asian trade on Wednesday after it became apparent that the Iranian nuclear deal would not immediately remove sanctions.



Dubai's index added 0.9 percent as heavyweight Emaar Properties rose 1.5 percent. Port operator DP World, which trades on the smaller NASDAQ Dubai exchange, surged 6.5 percent to $23.65."



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