Mideast Stocks: Most major Gulf bourses edge up, Shuaa continues slide in Dubai | ZAWYA MENA Edition

Mideast Stocks: Most major Gulf bourses edge up, Shuaa continues slide in Dubai | ZAWYA MENA Edition:

"Most major Gulf stock markets edged up in early trade on Sunday although Dubai fell, partly because of a continued slide in Shuaa Capital SHUA.DU . The Saudi index was up 0.5 percent after 55 minutes with blue-chip bank Al Rajhi gaining 0.9 percent. National Medical Care Co rose 1.3 percent after proposing to resume dividend payments for 2017. But Buruj Cooperative Insurance sank 6.3 percent after reporting a 62 percent decline in fourth-quarter net profit, as gross written premiums fell."



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