Tuesday 15 December 2015

MIDEAST STOCKS-Dubai and Qatar ease away from multi-year lows; Abu Dhabi wanes | Reuters

MIDEAST STOCKS-Dubai and Qatar ease away from multi-year lows; Abu Dhabi wanes | Reuters:

"Heavyweight stocks helped Dubai and Qatar's markets rise for a second session on Tuesday as the bourses pulled away from the multi-year lows of earlier this week, although Abu Dhabi's index gave back initial gains.

Dubai's bourse was 0.1 percent higher as of 0728 GMT. It had gained 1.2 percent in early trade before some traders booked quick profits, indicating little confidence in a more sustained rebound from Sunday's two-year low.

Emaar Properties climbed 0.2 percent and accounted for roughly a third of total market turnover."



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