Monday, 15 July 2019

MIDEAST STOCKS-Property shares lift #Dubai, other markets slip after recent rally - Reuters

MIDEAST STOCKS-Property shares lift Dubai, other markets slip after recent rally - Reuters:

Dubai stocks rose on Monday on the back of real estate shares, while other major Gulf bourses eased after recent gains.

The Dubai index rose 0.6%, lifted by its largest listed developer Emaar Properties which gained 1.5%, and Emirates NBD was up 0.4%.

DXB Entertainment added 2% after the theme park company reported a 5% growth in second-quarter visits compared to same period year ago.

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