MIDEAST STOCKS-Most big Gulf markets firm, ex-div Emaar pulls down Dubai:
"Most Gulf stock markets were firm on Tuesday, with conglomerate Aamal Holding surging in Qatar, but blue chip Emaar Properties dragged down Dubai’s index as the stock went ex-dividend. Qatar’s index rose 0.5 percent in active trade as Aamal gained 4.8 percent after saying a unit had spent about 179.5 million riyals ($49.3 million) buying residential assets in Doha, a deal which would boost the unit’s revenue by about 9 percent on year. Several other property-related firms rose in sympathy, with Barwa Real Estate gaining 1.5 percent and United Development adding 2.6 percent. "
'via Blog this'
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