MIDEAST STOCKS-Gulf mixed in early trade, Saudi and Dubai edge up:
"Gulf stock markets were mixed in early trade on Thursday with Saudi Arabia and Dubai edging up but Qatar continuing to slide after this week’s failure to make progress in ending Doha’s diplomatic isolation. The Saudi index was 0.2 percent higher at 7,038 points after 45 minutes, rebounding from near strong technical support around 7,000 points, where the peaks in late October and November roughly coincide with the 200-day average, now at 7,015 points. The most heavily traded stock, real estate firm Dar Al Arkan , climbed 4.1 percent to 12.38 riyals, continuing an uptrend. It has rocketed from around 7.50 riyals in mid-November, when MSCI said it was adding the stock to its Saudi Arabia Index."
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