Monday 28 September 2015

MIDEAST STOCKS-Markets mixed as investors return from Eid | Energy & Oil | Reuters

MIDEAST STOCKS-Markets mixed as investors return from Eid | Energy & Oil | Reuters:

"Gulf stock markets were mixed in quiet, early trade on Monday as more investors returned from Eid al-Adha holidays.

Dubai's stock index slipped 0.3 percent as trading continued to focus on low-priced, speculative shares favoured by local retail investors. Al Madina for Finance and Investment climbed 4.7 percent but GFH Financial, the most heavily traded stock, fell 0.2 percent.

Abu Dhabi's index gained 0.5 percent but this was mainly because of a 9.8 percent jump in thinly traded Abu Dhabi National Energy Co, which stayed inside its trading range of the past month. Five of the 10 most heavily traded stocks were flat."



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