Wednesday 6 January 2016

MIDEAST STOCKS-Gulf markets mixed in early trade | Reuters

MIDEAST STOCKS-Gulf markets mixed in early trade | Reuters:

"Gulf stock markets were mixed in quiet, early trade on Wednesday, with worries about low oil prices and instability in the global economy deterring any aggressive buying.

The Dubai index was up 0.3 percent on the back of low-priced, speculative stocks, with healthcare and education investment firm Amanat rising 2.6 percent in the market's heaviest trade. Blue-chip Emaar Properties fell 0.7 percent.

Abu Dhabi lost 0.6 percent as First Gulf Bank , which jumped 3.3 percent on Tuesday, fell back by 1.6 percent."



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