MIDEAST STOCKS-Bargain hunters lift most regional mkts, Syria shadow remains | Reuters:
"Dubai's shares led a regional recovery on Sunday as bargain hunters returned to pick up stocks battered over the last two weeks but the spectre of a possible military strike on Syria ensured trading remained volatile.
Dubai's index climbed 1.5 percent, rallying from a two-month low and snapping a four-session losing streak which had seen the bourse lose 10.1 percent of its value.
The retail-dominated market continued its recent volatile trading pattern, with investors holding stocks for shorter periods given the higher risk premium created by the geopolitical overhang.
Frothy mid-cap shares that were hardest hit in the recent selling led gainers; Union Properties and Air Arabia climbed 4.1 and 4.3 percent respectively."
'via Blog this'
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