Monday 19 March 2018

MIDEAST STOCKS-Gulf stocks mostly flat, Qatar bucks the trend on banks

MIDEAST STOCKS-Gulf stocks mostly flat, Qatar bucks the trend on banks:

"Gulf stock markets were mostly flat early on Monday, weighed down by weak global stocks and oil prices, but Qatar bucked the trend, helped by gains in financials such as Qatar National Bank.

Asian share markets slipped into the red on Monday in a week in which the Federal Reserve is likely to hike U.S. interest rates, while oil prices fell as increased drilling in the United States pointed to more output.

In the United Arab Emirates, indexes in Dubai and Abu Dhabi were both flat."



'via Blog this'

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