Wednesday 30 March 2016

MIDEAST STOCKS-Gulf markets mixed, Dubai bounces from support | Reuters

MIDEAST STOCKS-Gulf markets mixed, Dubai bounces from support | Reuters:

"Gulf stock markets were mixed in quiet, early trade on Wednesday though Dubai's index bounced from technical support.

Dubai climbed 0.8 percent to 3,302 points in the first 45 minutes. The index reached a mid-March low of 3,253 points.

GFH Financial, the most heavily traded stock, rose 2.9 percent after saying it had signed a 100 million pound ($144 million) deal to become an anchor partner in a central London property development. It said this would reflect positively on its financial results in the first or second quarters of this year, but did not elaborate."



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