Thursday 4 February 2016

MIDEAST STOCKS-Gulf bourses rise as oil rallies | Reuters

MIDEAST STOCKS-Gulf bourses rise as oil rallies | Reuters:

"Gulf stock markets rebounded in early trade on Thursday, following Asian stock markets higher as oil prices extended their rally into a second day.

Dubai's index climbed 2.1 percent in the first 45 minutes of trade, with local investor favourites Arabtec and Drake & Scull trading up 2.6 amd 1.8 percent respectively.

Blue chips also bounced back with Emaar Properties up 4.1 percent."



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