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Wednesday, 8 March 2017

MIDEAST STOCKS-Dubai outperforms in weak Gulf; Egypt climbs | Reuters

MIDEAST STOCKS-Dubai outperforms in weak Gulf; Egypt climbs | Reuters:

"Most Gulf stock markets were weak on Wednesday as another slide in Doha Bank pulled down Qatar, but Dubai rose on the back of gains in a few stocks.

The Dubai index climbed 0.8 percent, bouncing from a 10-week low, although gaining stocks only marginally outnumbered losers by 15 to 14. The index has closed lower in six of the last eight sessions.

Shares in courier Aramex added 7.0 percent and theme park operator DXB Entertainments, the most heavily traded stock, jumped 6.1 percent."



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