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gULF uNION

Gulf markets mixed as investors await catalyst; Egypt extends gains

Gulf markets were mixed on Monday as investors adjusted positions after recent gains and retail investors continue to increase risk despite a general lack of catalyst in regional markets, while Egypt's bourse hit a 14-month high.

September 4, 2012 11:20
 
Rotation Emaar

Saudi drops to 3-week low; Emaar lifts Dubai

Shares in Zain Saudi slumped to a record low on Monday amid a slow initial take-up of its rights issue, while Saudi Arabia's index fell to a near three-week low. But Emaar Properties lifted Dubai's bourse.

July 17, 2012 10:17