MIDEAST STOCKS-Abu Dhabi outperforms thanks to banks, other Gulf markets mixed - Reuters:
Stocks in the United Arab Emirates
surged on Thursday, outperforming most major Gulf markets,
boosted by strong earnings at top lenders.
In Abu Dhabi, the index closed 2.7% higher, buoyed by First
Abu Dhabi Bank (FAB), which rose 4% to its highest
level since May after posting a 5% rise in second-quarter net
profit.
The bank recorded a net profit of 3.2 billion dirhams ($871
million) in the quarter ending June 30, versus 3.06 billion
dirhams a year earlier.
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