MIDEAST STOCKS-Abu Dhabi hits multi-year high, Saudi shrugs off diplomatic row | Reuters:
Gulf stocks mostly rose on Tuesday, with the Abu Dhabi exchange hitting its highest level since 2014 and Saudi Arabia’s exchange shrugging off a diplomatic row with Canada.
The Abu Dhabi index reversed a small correction earlier in the day to close 0.6 percent higher at 4,911 points, its highest in four years.
Blue chip First Abu Dhabi Bank gained 1.8 percent, followed by Union National Bank, up 1.7 percent. Firmer oil prices boosted Dana Gas, which rose 0.9 percent.
No comments:
Post a Comment