Monday, 19 February 2018

MIDEAST STOCKS-Region barely moves, dividend cut pulls down Abu Dhabi's Waha Capital

MIDEAST STOCKS-Region barely moves, dividend cut pulls down Abu Dhabi's Waha Capital:

"Gulf stock markets barely moved early on Monday although a dividend cut pulled down major Abu Dhabi-listed financial firm Waha Capital. The Abu Dhabi index slipped 0.2 percent as Waha , which had been trading near 10-month highs, pulled back 4.1 percent. It proposed a 2017 cash dividend of 15 percent, down from 20 percent for 2016. Dubai edged down 0.1 percent as amusement park operator DXB Entertainments, which has been in a downtrend for six weeks, dropped 2.0 percent."



'via Blog this'

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