Mideast Stocks: Blue chips lift Dubai, rest of Gulf mixed | ZAWYA MENA Edition:
The Dubai stock market rose in early trading on Thursday, helped by its blue-chip stocks, while other major Middle Eastern markets were mixed after corporate earnings announcements.
In Dubai, the index added 0.4 percent, boosted by its blue chips Emaar Properties and Emirates NBD which rose 1 percent and 0.4 percent, respectively.
Emirates NBD, Dubai's largest bank, reported a 10 percent gain in its fourth-quarter net profit as loan growth and improved margins offset lower income from investment securities and higher expenses.
No comments:
Post a Comment