Thursday 22 September 2016

MIDEAST STOCKS-Gulf markets climb in line with global shares | Reuters

MIDEAST STOCKS-Gulf markets climb in line with global shares | Reuters:

"Stocks in the Gulf climbed in early trade on Thursday, taking their cue from Asian shares and Wall Street, after the Federal Reserve left U.S. interest rates unchanged and indicated a slower pace of future hikes.

Dubai's main index was the top gainer among its regional peers, jumping 1.1 percent as nine-tenths of the traded shares rose.

Emaar Properties, the largest listed developer, climbed 2.2 percent, and Dubai Investments gained 2.0 percent."



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