MIDEAST STOCKS-Gulf bounces back as investors buy on dips | Reuters:
"Major stock markets in the Gulf rebounded in early trade on Monday, recovering from the immediate aftermath of Britain's vote to leave the European Union, as local retail investors and some institutions scooped up shares on dips.
Dubai's index, which had sunk 3.3 percent on Sunday in its initial reaction to the vote, rose 1.0 percent in the first hour on Monday with over nine-tenths of shares advancing.
Small and mid-sized shares favoured by local retail investors were the most traded with Islamic insurer Dar Al Takaful rocketing its 15 percent daily limit."
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