Monday 19 October 2015

MIDEAST STOCKS-Gulf trades narrowly, Qatar's CBQ falls on Q3 earnings | Reuters

MIDEAST STOCKS-Gulf trades narrowly, Qatar's CBQ falls on Q3 earnings | Reuters:

"Gulf stock markets moved narrowly in thin early trade on Monday with very few fresh incentives to buy or sell stocks, though Commercial Bank of Qatar (CBQ) dropped after disappointing third-quarter earnings.

Dubai's index edged down 0.5 percent to 3,689 points; it has repeatedly failed to make a decisive break of technical resistance above 3,700 points in recent weeks.

The biggest Dubai bank, Emirates NBD, sank 2.3 percent in unusually heavy volumes."



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