Sunday 10 June 2018

MIDEAST STOCKS-Qatar, Saudi down, Dubai lifted by new incentives for investors | Reuters

MIDEAST STOCKS-Qatar, Saudi down, Dubai lifted by new incentives for investors | Reuters:

"Qatar’s stock market was trading down early on Sunday as shares of Commercial Bank fell after talks to sell its stake in United Arab Bank to a UAE investor failed. Saudi Arabia’s index was also down, while Dubai showed some gains after the emirate’s government announced new measures to stimulate the economy. Qatar’s index shed 0.6 percent with Commercial Bank falling 1.9 percent after announcing talks with Tabarak had ended without a deal following months of negotiations. United Arab bank was flat on the Abu Dhabi index."



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