Thursday 22 March 2012

STOCKS NEWS MIDEAST-UAE mkts end mixed; Tabreed surges - Yahoo! News UK

UAE markets end mixed as retail investors dominate trade, while Qatar's benchmark closes higher for a first day in three.
Dubai's index climbs 0.3 percent to close at 1,660 points and take its 2012 gains to 23 percent.
The benchmark traded within a 50-point range this week, volatility easing as investors await new catalysts to lift the market.
Some small-cap stocks still make large swings, however. National Central Cooling (Tabreed) jumps 8.4 percent,mortgage lender Tamweel rises 3.3 percent and Deyaar Development adds 2.3 percent.

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