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Sunday, 2 April 2017

REFILE-MIDEAST STOCKS-Newly merged Abu Dhabi bank rise amid thin Gulf trade | Reuters

REFILE-MIDEAST STOCKS-Newly merged Abu Dhabi bank rise amid thin Gulf trade | Reuters:

"Stock markets in the Gulf moved sideways in thin volumes early on Sunday, while shares of the newly formed lender in Abu Dhabi, First Abu Dhabi Bank, outperformed a day after the legal completion of the merger. Dubai's index was down 0.2 percent in thin trade with the majority of trade focused on second the third tier stocks. GFH Financial Group was down 1.2 percent. But number of advancing shares outnumbered declining ones 14 to 11. Islamic Arab Insurance was up 3.6 percent."



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