MIDEAST STOCKS-Gulf edges up, tracking oil; volatile Amlak dominates Dubai | Reuters:
"Gulf stock markets rose on Tuesday after oil prices edged up and mortgage company Amlak Finance , which dominated activity in Dubai, pared early losses to close flat as it resumed trading following a suspension of nearly six years.
Amlak, which was not bound by the usual daily fluctuation limits on Tuesday, swung between a 23.5 percent loss and an 8.8 percent gain before closing at the same level where it had last traded in November 2008.
It accounted for almost a third of the day's total traded value on Dubai's bourse, whose main index rose 1.2 percent."
'via Blog this'
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