Mideast Stocks: Gulf mostly soft early on but Dana Gas leaps on dividend plan | ZAWYA MENA Edition:
"Stock exchanges in the Gulf were mostly soft in early trade on Sunday, reflecting losses in global equity markets at the end of last week, but there were signs of continued flows of foreign funds into some Saudi Arabian blue chips. The Dubai and Abu Dhabi stock indexes were 0.1 percent and 0.4 percent down respectively, while the Qatari indexe lost 0.3 percent. But Abu Dhabi-listed energy producer Dana Gas jumped 9.5 percent after the board said it would seek shareholder approval to pay a 2017 cash dividend of 5 percent of capital; it paid no dividend for 2016."
'via Blog this'
No comments:
Post a Comment