MIDEAST STOCKS-Emaar boosts Dubai before Q2 results; NBAD drags down Abu Dhabi | Agricultural Commodities | Reuters:
"Blue chip Emaar Properties pushed up Dubai's stock market on Monday ahead of its second-quarter earnings announcement, while a sudden drop of National Bank of Abu Dhabi shares dragged down the Abu Dhabi bourse.
Emaar, Dubai's biggest real estate developer, rose 3.1 percent in its heaviest turnover for a month, lifting the main Dubai stock index 1.3 percent.
After the close, the company reported a 28.6 percent rise in quarterly net profit, marginally beating analysts' forecasts, though revenue from its property sales in Dubai dropped in a possible sign that higher prices are starting to slow the emirate's property boom."
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