Wednesday 10 January 2018

MIDEAST STOCKS-Gulf mixed, Qatar continues rebound on foreign buying | ZAWYA MENA Edition

MIDEAST STOCKS-Gulf mixed, Qatar continues rebound on foreign buying | ZAWYA MENA Edition:

"Gulf stock markets were mixed in early trade on Wednesday with Qatar continuing to rebound on the back of buying by foreign investors seeking attractive dividend yields. The Qatari index was up 0.5 percent after 50 minutes of trade with real estate firm United Development, the most heavily traded stock, gaining 4.6 percent. Aamal Co, which had risen 2.4 percent on Tuesday after announcing plans for an affiliate to build three local factories to produce copper wires, aluminium bars and drums for cables, climbed a further 3.9 percent. "



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