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Wednesday, 7 December 2016

MIDEAST STOCKS-UAE outperforms region, profit-taking hits Saudi, Egypt | Reuters

MIDEAST STOCKS-UAE outperforms region, profit-taking hits Saudi, Egypt | Reuters:
"Stock markets in the United Arab Emirates outperformed the region on Wednesday while investors booked profits in Saudi Arabian petrochemical shares and Egyptian blue chips.

Dubai's main index closed 1.3 percent higher in healthy volume as some large and mid-sized shares, which had been relatively quiet so far this week, gained. Emaar Properties rose 2.4 percent.

A Dubai-based stock broker said she was seeing significant buy orders from foreign investors."

'via Blog this'