Thursday 31 December 2015

MIDEAST STOCKS-Gulf markets open soft, Dubai focuses on speculative plays | Reuters

MIDEAST STOCKS-Gulf markets open soft, Dubai focuses on speculative plays | Reuters:

"Most Gulf stock markets opened soft on Thursday with very few new incentives to trade and Dubai focusing on low-priced shares favoured by short-term speculators.

The Dubai index fell 0.7 percent with seven of the 10 most heavily traded stocks priced below 1 dirham, including GFH Financial, the most active share, which lost 0.2 percent.

Abu Dhabi's index was flat as First Gulf Bank dropped 0.4 percent but National Bank of Abu Dhabi climbed 0.6 percent."



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