MIDEAST STOCKS-Gulf markets trade in narrow range, lagging global markets and oil | ZAWYA MENA Edition:
"Gulf stock markets were mostly mixed on Sunday, with Abu Dhabi and Dubai trading in a narrow range, held back by low liquidity. This was despite a rise in oil prices and a rebound for Wall Street stocks on Friday, a day after U.S. President Donald Trump announced plans to impose tariffs on steel and aluminum imports. "The low liquidity is still affecting the United Arab Emirates stock market and there seems little interest to allocate funds that are sitting on the side," said Tariq Qaqish, Managing Director Asset Management at Menacorp in Dubai."
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