Sunday 10 January 2016

MIDEAST STOCKS-UAE mixed, Qatar falls in early trade | Reuters

MIDEAST STOCKS-UAE mixed, Qatar falls in early trade | Reuters:

"United Arab Emirates stock markets were mixed in thin volumes while Qatar fell in early trade on Sunday as investors remained wary of low oil prices and a slump in global equity markets because of a deceleration in the Chinese economy.

Dubai's index edged down 0.2 percent as Emaar Properties was flat after two days of falls, while local speculators' favourite GFH Financial gained 0.6 percent.

Abu Dhabi ADI> climbed 0.7 percent on the back of a rebound by First Gulf Bank, which gained 2.1 percent following a 5.6 percent tumble on Thursday. Other major stocks barely moved."



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