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-   -   MIDEAST STOCKS-Gulf markets stabilise as U.S. gains, oil supports (https://hameed.nwar.uk/vb/showthread.php?t=921863)

rss 11-08-2014 05:53 AM

MIDEAST STOCKS-Gulf markets stabilise as U.S. gains, oil supports
 
* Saudi rises 0.2 percent from Wednesday's 3-week low * Steadier oil encourages some retail traders to return * But Mobily plunges 10 pct, taking losses to 27 pct in 3 days * Dubai market rises as banks support * Egypt rises in early trade but falls to end at day's low By Matt Smith DUBAI, **v 6 (Reuters) - Gulf stock markets stabilised on Thursday after steep falls earlier in the week, as steadier oil prices and overnight gains by U.S. equities persuaded some bargain-hunters to return. Dubai rose 0.1 percent to trim its weekly losses to 3.1 percent, Qatar added 0. ...

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