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Monday, 29 August 2016

MIDEAST STOCKS-Gulf moves little in thin trade | Reuters

MIDEAST STOCKS-Gulf moves little in thin trade | Reuters:

"Gulf stocks moved little in early, thin trade on Monday as a fresh slide in oil prices and a retreat in Asian share markets kept buyers away.

Dubai's index was flat as stocks mainly traded by local investors were the top movers. Insurer Takaful Emarat Insurance gained 3.4 percent but Ajman Bank fell 1.3 percent.

In Abu Dhabi, the index edged up 0.3 percent with gainers outnumbering losers 12 to three. Union National Bank added 1.4 percent and First Gulf Bank rose 0.4 percent."



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