Markets in Qatar and the United Arab Emirates hit multi-month highs as investors take positions ahead of
dividend and fourth-quarter earnings announcements.
In Dubai, Emaar Properties is the main support, rising 2.6 percent. Builder Arabtec and courier Aramex
climb 2.1 and 1.5 percent respectively.
"If Q4 numbers are solid, expect the market to continue doing well compared to the rest of the region - we saw retail investors trigger the rally and institutional buying followed, which is healthy," says Amer Khan, fund manager, Shuaa Asset Management.
STOCKS NEWS MIDEAST-UAE, Qatar mkts hit multi-month highs ahead of Q4 - Yahoo! News Maktoob
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