MIDEAST STOCKS-DIB aids Dubai; most major Gulf markets fall - Reuters:
Most major Gulf stock markets fell on Tuesday, with Abu Dhabi leading the losses, though Dubai bucked the trend supported by Dubai Islamic Bank (DIB).
In Dubai, the index rose 0.2% with Dubai Islamic Bank adding 0.8%. The United Arab Emirates’ largest sharia-compliant lender called a shareholders meeting on Dec. 17 to approve acquisition of the unlisted Noor Bank.
Elsewhere, budget airline Air Arabia advanced 2.1% and Emaar Development gained 2.7%.
However, the gains were capped by losses in Emirates NBD , the lender traded down 0.8%.
No comments:
Post a Comment