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Monday, 2 January 2017

MIDEAST STOCKS-Gulf mixed in early trade, Omani falls after budget | Reuters

MIDEAST STOCKS-Gulf mixed in early trade, Omani falls after budget | Reuters:
"Gulf stock markets were mixed in early trade on Monday as most reopened after the New Year, with some investors yet to return from holidays.

Oman fell after authorities announced a tight budget for 2017.

Dubai's index edged up 0.4 percent as much activity focused on speculative stocks including Islamic Arab Insurance , which jumped 14.2 percent and was the most heavily traded issue."

'via Blog this'