Wednesday, 19 September 2012

Protests fail to move Middle East markets - FT.com

Major Middle East stock markets gained this week despite violent protests that spread across the region against an anti-Islamic video, in a signal that investors were becoming more comfortable with isolated political risk.
Egypt’s stock market, the EGX 30 rose a little over 5 per cent this week, hovering near a 19-month high. Dubai’s financial market rose almost 3 per cent and Abu Dhabi’s stock exchange stayed flat.

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