Sunday, 10 December 2017

MIDEAST STOCKS- Gulf rises, Qatar's Mesaieed sees heavy volume | ZAWYA MENA Edition

MIDEAST STOCKS- Gulf rises, Qatar's Mesaieed sees heavy volume | ZAWYA MENA Edition:

"Gulf stock markets rose in early trade on Sunday with Qatar's Mesaieed Petrochemical again attracting unusually heavy trading volume. The Qatari index climbed 1.4 percent; it has been trading near six-year lows for a month and appears to have established strong support in that area. Mesaieed, the most heavily traded stock, gained 1.2 percent. On Thursday, Mesaieed had posted its largest volume since April 2016. All 10 of Qatar's most active stocks rose and drilling rig provider Gulf International Services added 4.3 percent. "



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