Wednesday, 17 April 2019

MIDEAST STOCKS-Real estate elevates #Dubai, banks lift Saudis - Reuters

MIDEAST STOCKS-Real estate elevates Dubai, banks lift Saudis - Reuters:

Dubai stocks rose on Wednesday as real estate shares gained, while financial stocks lifted Saudi Arabia’s index.

In Dubai, the index was up 0.6 percent as blue-chip developer Emaar Properties gained 1.4 percent and DAMAC Properties climbed 3.1 percent.

Dubai’s Purchasing Managers Index (PMI) for March came in at 57.6, a 10-month high reading, Al Mal Capital said in a note.

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