• Regional markets offset part of their losses with support from oil prices

    19/11/2014





     
     

    "Arabtec" and "reconstruction" go up in the "Dubai" 1.4%
    Regional markets offset part of their losses with support from oil prices








     




    Recover most of the markets in the Middle East today some losses the previous meeting with the recovery of global stock prices, oil and resume individual investors buy stocks, where the Dubai market index jumped 1.4 percent, with the support of ' arabtec ' and ' reconstruction ' and Abu Dhabi rose 0.7 percent and DSM 0.3 per cent. And Brent crude rising back towards $ 80 a barrel on Wednesday as a result of speculation that the ' OPEC ' could lower production at its meeting on 27 November, while European shares hopes for more economic stimulus measures in Japan. The Dubai index rose 1.4 percent, with shares of arabtec holding jumped to 3.6 percent, Emaar Properties with a weight of 2.3 per cent. Abu Dhabi index rose 0.7 percent, with the rise of Adib shares and Abu Dhabi Commercial Bank 3.2 percent.

    Qatar Stock Exchange rose 0.3 percent with leaders of Qatar National Bank back 0.9 percent and industries Qatar 1 per cent in anticipation of attracting fresh foreign inflows when ' m.s. CIA ' market weight of several country contributed to its emerging markets on the 25th of November (November). Index of Egyptian stock exchange President 0.6 per cent thanks to the international commercial bank shares went up 1.3 percent. The Kuwaiti index slipped 0.03 percent. And bank shares fell 2.9 percent after the Kuwait investment Dar co. renewed its endeavors to have a stake in Boubyan Bank, which in its own to Kuwait in 2008 with an option to buy it. The Bahraini market index stood at 1451 points, the MSM index slipped 0.01 percent to 7029 points.

© All Rights Reserved for Asharqia Chamber