UAE, Qatar shares continue cautious recovery
Stock markets in the UAE and Qatar edged up in early trade on Monday, continuing their recovery from last week's sharp decline, while other bourses in the region moved very little.
Dubai jumps after global markets rebound; Arabtec surges
Dubai stock index jumped in opening minutes on Sunday after global markets rebounded on Friday and shares in builder Arabtec Holding surged as it moved closer towards starting work on a huge project in Egypt.
QSE plunges 3%, M-cap erodes QR20bn
Reflecting global run off, Qatar Stock Exchange yesterday plunged 387 points and capitalisation eroded QR20bn, extending the bearish run for the second straight session, with more than 84% of the listed stocks in the red.