MIDEAST STOCKS-UAE markets slip on ex-dividend stocks, Saudi inches up - Reuters:
Dubai and Abu Dhabi’s stock markets slid on Thursday, pulled down by firms which traded ex-dividend, while most major Gulf markets fell.
Dubai’s index declined 0.8 percent, with Dubai Investments plunging 8 percent as the stock traded ex-dividend. Emaar Properties, the Emirate’s largest listed developer, was down 1 percent.
The Abu Dhabi index was down 0.6 percent, led by a 6.4 percent decrease in energy company Dana Gas after the stock went ex-dividend.
No comments:
Post a Comment