UPDATE 1-MIDEAST STOCKS-Gulf markets mixed in thin trade | Reuters:
"Gulf stock markets were mixed in early trade on Thursday as oil prices supported Qatar and Etisalat's results boosted Abu Dhabi, but Dubai retreated.
Brent crude surged 5 percent on Wednesday, after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected. It pared early losses and held above $61 per barrel on Thursday.
Abu Dhabi's index added 0.8 percent largely because of Etisalat, the United Arab Emirates' largest telecommunications firm, which jumped 3.9 percent after posting net profit of 2.1 billion dirhams ($572 million) for the fourth quarter, a 45 percent increase year-on-year."
'via Blog this'
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