0545 GMT - Bourses in Dubai and Saudi Arabia are in a bullish mood, having closed in pro**unced uptrends on Sunday, while some stocks could see movements based on dividend eligibility dates. Dubai's index closed on an intra-day high of 4,347 points on Sunday, lifted largely by real estate stocks such as Emaar Properties. "The market is expected to witness further climbing moves to 4,500," NBAD Securities says in a **te. Air Arabia, which gained 4.1 percent last week, may see further buying on Monday, the last day when its shares entitle holders to the 7.25 percent cash dividend for 2013.
03-25-2014, 01:07 AM
STOCKS NEWS MIDEAST-Dubai, Saudi bullish; div dates may move some stocks
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