Tuesday, 17 November 2015

UPDATE 1-MIDEAST STOCKS-Bargain hunters lift UAE shares, Drake & Scull rebounds | Reuters

UPDATE 1-MIDEAST STOCKS-Bargain hunters lift UAE shares, Drake & Scull rebounds | Reuters:

"UAE shares rise in early trading as bargain hunters step in to buy from record lows, with a steady oil price supporting sentiment.

Dubai's Drake & Scull rises 6.8 percent, up from a record-low hit on Monday after reporting a third-quarter profit slump.

Contractor Arabtec is flat but along with DSI, they account for almost half the traded volumes on the bourse so far."



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