MIDEAST STOCKS-Gulf narrowly mixed early on, First Abu Dhabi continues climbing | ZAWYA MENA Edition:
"Gulf stock markets were narrowly mixed in early trade on Thursday although strength in the United Arab Emirates' biggest bank boosted Abu Dhabi's market. The Abu Dhabi index gained 0.7 percent as First Abu Dhabi Bank rose 1.4 percent to 10.80 dirhams, bringing its gains in the last three days to 5.4 percent. The stock rose on Wednesday above its 200-day average for the first time since September, triggering a minor double bottom formed by the lows since October. It faces initial technical resistance at the August peak of 11.00 dirhams. "
'via Blog this'
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