Mideast Stocks: Dubai rebounds slightly, most of Gulf quiet | ZAWYA MENA Edition:
The Dubai stock market inched up early on Wednesday after sinking to a 34-month low in the last session, while most major Gulf marketswere little changed.
The Dubai index, which had lost 1.0 percent on Tuesday, added 0.4 percent on Wednesday morning with the emirate's largest lender, Emirates NBD, rising 2.1 percent.
But developer Union Properties , which has been hit by Dubai's weak real estate market, dived to a new 34-month low, dropping 7.0 percent.
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