MIDEAST STOCKS-Dubai leads Gulf gains as DAMAC climbs; Saudi keeps rising | Reuters:
"Dubai’s stock market rose in early trade on Monday as shares in DAMAC Properties reached a four-week high, and most other Gulf markets gained as Saudi Arabia continued a rally triggered by the appointment of a new labour minister. The Dubai index was up 0.9 percent with DAMAC gaining 3.4 percent to 2.43 dirhams. Dubai’s largest listed developer, Emaar Properties, rose 1.3 percent. A monthly Reuters poll of leading Middle East fund managers, published on Thursday, found sentiment shifting in favour of United Arab Emirates equities after their poor performance so far this year."
'via Blog this'
No comments:
Post a Comment