MIDEAST STOCKS-Gulf mixed in early trade; Dubai Parks stabilises | Reuters:
"Gulf stock markets were mixed in early trade on Tuesday as Dubai Parks & Resorts stabilised after plunging in the previous two days, but soft oil prices and global bourses deterred major buying in the region.
The Dubai stock index edged up 0.1 percent to 3,268 points in the first hour, holding technical support on its mid-March low of 3,253 points.
Dubai Parks, the most heavily traded stock, climbed 1.7 percent. It had tumbled more than 10 percent in the past two days after proposing to boost its capital by 1.68 billion dirhams ($458 million) through a rights issue to finance development of a Six Flags theme park."
'via Blog this'
No comments:
Post a Comment