Wednesday, 17 July 2019

MIDEAST STOCKS-Banks aid #Qatar, #AbuDhabi; other Gulf markets mixed - Reuters

MIDEAST STOCKS-Banks aid Qatar, Abu Dhabi; other Gulf markets mixed - Reuters:

Middle East stock markets were mixed on
Wednesday with Qatar and Abu Dhabi rising on financial stocks,
while property stocks weighed on Dubai.

Qatar's index edged up 0.1% with Commercial Bank
rising 1.9% after the lender recorded a net profit of
934.1 million riyals ($256.62 million) in the first-half of
2019, versus 855.1 million riyals a year earlier.

In Kuwait, the index for the premier market, home to
the largest and most liquid companies, rose 0.2%.

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