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Wednesday, 14 June 2017

MIDEAST STOCKS-DXBE leads Dubai higher; Qatar up but most of Gulf moves little | Reuters

MIDEAST STOCKS-DXBE leads Dubai higher; Qatar up but most of Gulf moves little | Reuters:

"Gulf stock markets were mostly little changed on Wednesday, although amusement park operator DXB Entertainments led Dubai higher and Dana Gas continued its surge in Abu Dhabi, while Qatar's bourse recovered modestly.

Dubai's index rose 0.5 percent as DXBE, which has been hit by disappointing visitor numbers at its parks, climbed 6.1 percent after announcing a new management structure.

It said strategy and business development would be incorporated into a newly structured finance function, and that John Ireland had been appointed chief financial officer."



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