Wednesday 11 April 2018

MIDEAST STOCKS-Gulf subdued in early trade, Dubai's Drake & Scull rebounds | ZAWYA MENA Edition

MIDEAST STOCKS-Gulf subdued in early trade, Dubai's Drake & Scull rebounds | ZAWYA MENA Edition:

"Gulf stock markets were mostly subdued in early trade on Wednesday, in line with global markets, although builder Drake & Scull (DSI) was strong in Dubai.

The Dubai index was up 0.3 percent as DSI, the most heavily traded stock, climbed 2.4 percent. It has been trading near five-month lows.

The Abu Dhabi index was flat as Abu Dhabi National Energy Co gained 2.0 percent, continuing a strong three-week uptrend."



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