Wednesday 27 January 2016

MIDEAST STOCKS-Dubai, Qatar rise; banks weigh on Abu Dhabi | Reuters

MIDEAST STOCKS-Dubai, Qatar rise; banks weigh on Abu Dhabi | Reuters:

"Dubai and Qatar's stock markets rose in early trade on Wednesday following a bounce back in oil prices since those bourses last traded, while blue-chip banks weighed on Abu Dhabi.

Brent crude was at $31.74 as of 0643 GMT, down 1.1 percent for the day, but it had been trading below $30 when the Dubai and Qatar markets closed on Tuesday.

Dubai's index rose 0.9 percent in brisk early trading - volumes in the first 15 minutes were more than double those of the previous session."



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