MIDEAST STOCKS-Gulf markets rise alongside oil | Reuters:
"Most Gulf stock markets rose early on Wednesday, after oil prices edged up and Chinese shares rebounded.
Dubai's index climbed 1.2 percent and property developer DAMAC was the most traded stock, jumping 2.8 percent after its shareholders approved the firm's first cash dividend since it listed in Dubai in January.
DAMAC will pay investors 0.1 dirham per share in cash and make a 10 percent bonus share issue."
'via Blog this'
No comments:
Post a Comment