Monday 8 February 2016

MIDEAST STOCKS-Gulf bourses edge up in thin volumes | Reuters

MIDEAST STOCKS-Gulf bourses edge up in thin volumes | Reuters:

"Stock markets in the United Arab Emirates and Qatar rose in early trade on Monday after oil prices turned slightly higher, but trading volumes were low.

Dubai's index rose 1.0 percent. Emaar Malls jumped 3.2 percent after the blue-chip retailer reported a 5.5 percent rise in fourth-quarter net profit to 435 million dirhams ($118 million).

Emaar Properties, the majority shareholder in Emaar Malls, climbed 1.3 percent, heading for its third day of gains."



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