MIDEAST STOCKS-Markets edge up as investors hunt for bargains | News by Country | Reuters:
"Most stock markets in the Middle East edged up on Thursday as oil prices paused in their decline ahead of next week's OPEC summit and stocks that usually see little trading took centre stage on several bourses.
Dubai's index rose 0.3 percent, largely on the back of telecommunications operator du, which jumped 3.6 percent to 5.49 dirhams in its highest trading volume for more than six months.
Equity research house AlphaMena highlighted the stock in a note on Wednesday, rating it as a "buy" with a target price of 7.44 dirhams, a potential upside of over 40 percent."
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