MIDEAST STOCKS-Financials lift Abu Dhabi, most major Gulf markets subdued - Reuters:
Abu Dhabi’s stock market rose on Tuesday, aided by its financial shares, while most major Gulf markets moved little, with some companies posting corporate earnings, which is expected to gather pace from next week.
The Abu Dhabi index rose 0.3 percent, lifted by a 3.6 percent gain in Abu Dhabi Commercial Bank and a 0.4 percent rise in Emirates Telecommunications Group.
United Arab Emirates-based payments and foreign exchange company Finablr plans to proceed with an initial public offer on the London Stock Exchange.
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