Tuesday 22 December 2015

MIDEAST STOCKS-UAE slips back, Qatar edges higher | Reuters

MIDEAST STOCKS-UAE slips back, Qatar edges higher | Reuters:

"Stock markets in Dubai and Abu Dhabi fell back in early trade on Tuesday as blue chips sold off, while Qatar edged higher as traders bought shares in banks and the real estate sector.

Dubai's index slid 0.4 percent as large sell orders were executed in Emaar Properties and Emaar Malls . Emaar Properties, the largest stock by market value, slid 1.4 percent although it is still up 18.6 percent from its December low.

The most heavily traded stock, Arabtec, jumped 4.7 percent, however; it is up 18.3 percent from this month's low."



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