Sunday 20 March 2016

MIDEAST STOCKS-GISS supports Qatar, UAE soft as Etisalat sags | Reuters

MIDEAST STOCKS-GISS supports Qatar, UAE soft as Etisalat sags | Reuters:

"Strength in drilling rig provider Gulf International Services (GISS) supported Qatar's stock market in early trade on Sunday, while United Arab Emirates markets fell as telecommunications giant Etisalat sagged.

GISS, Qatar's most heavily traded stock, gained 0.9 percent after it said it had taken steps boost its asset utilisation rates; operating charges would now be indexed to crude oil prices, enabling positive changes when oil prices increased, it said.

Qatar's index was roughly flat in the opening minutes as six of the 10 most active stocks rose."



'via Blog this'

No comments:

Post a Comment