MIDEAST STOCKS-Oil price supports Saudi; Dubai falls on profit-taking | Reuters:
"Gulf stocks ended mixed on Tuesday, with the Saudi market supported by higher oil prices while Dubai and Qatar fell on profit-taking amid slack trade ahead of Eid. Markets struggled to keep up momentum two days before the start of the Muslim holiday, with the Dubai index easing by 0.6 percent to 3,079 points, weighed down by property, banking and logistics stocks. Emaar Properties, Dubai’s biggest developer, lost 0.8 percent while Commercial Bank of Dubai and courier company Aramex fell by 4.7 percent and 2.4 percent respectively."
'via Blog this'
No comments:
Post a Comment